Hengtong hikes galvanized coil prices

SteelOrbis Shanghai On May 16, Hebei province based galvanized coil maker Tangshan Hengtong adjusted the ex-factory price of its galvanized coils. The price of galvanized coils increased RMB 200/mt ($25) according to the adjustment. After the adjustment, the new price of 0.5 mm thick galvanized coils became RMB 5,900/mt ($738), and that of 1.0 mm thick galvanized coils became RMB 5,400/mt ($675), 17% VAT included in both prices.