Hengtong decreases galvanized coil price

SteelOrbis Shanghai On November 20, 2006, Hebei province-based galvanized coil manufacturer Tangshan Hengtong adjusted its ex-factory prices downward by RMB 150/mt ($19). After the adjustment, the new price of 0.5 mm thick galvanized coil is RMB 5,850/mt ($744) including 17 percent VAT, while that of 1.0 mm thick galvanized coil is RMB 5,350/mt ($681) including 17 percent VAT.