Hengtong decreases galvanized coil price
SteelOrbis Shanghai Hebei province based galvanized coil maker Tangshan Hengtong adjusted its ex-factory price of galvanized coil on August 1, 2006. The price of galvanized coil decreased RMB 300/mt ($38). After the adjustment, the new price of 0.5 mm thick galvanized coil became RMB 6,000/mt ($753), and that of 1.0 mm thick galvanized coil became RMB 5,500/mt ($690). 17 percent VAT is included in both prices.
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