Hengtong adjusts galvanized coil prices

SteelOrbis Shanghai On March 7, Hebei province based Tangshan Hengtong - the leading galvanized products supplier in Boxing market of Shandong province - increased its galvanized coil ex-factory prices. The price of 0.35-0.6 mm thick galvanized coils increased RMB 300/mt ($37), that of 0.6-1.5 mm thick galvanized coils increased RMB 200/mt ($25). After the adjustment, the new price of 0.5 mm thickness galvanized coils is RMB 5,250/mt ($652) including 17% VAT, that of 1.0 mm thick galvanized coils is RMB 4,550/mt ($565) including 17% VAT.