Handan Steel ups HR price for February

SteelOrbis Shanghai On January 30, Henan Province-based Handan Steel released its hot rolled ex-factory prices for February 2007. The details are as follows: Handan Steel's HR ex-factory price has increased RMB 100/mt ($13/mt). After the adjustment, the new price of 2.75 mm thick Q235 HR is RMB 4,090/mt ($526/mt), while that of 5.5 mm thick Q235 HR is RMB 3,900/mt ($502/mt) All the above prices include 17 percent VAT and are effective as of January 30, 2007.