Hengtong hikes GC prices

SteelOrbis Shanghai Hebei province based galvanized coils maker Tangshan Hengtong adjusted its galvanized coil ex-factory prices on June 1. The mill raised its galvanized coil prices RMB 150/mt ($19). After the adjustment, the new price of 0.5 mm thick galvanized coils reached RMB 6,050/mt ($754), and that of 1.0 mm thick galvanized coils reached RMB 5,550/mt ($692). 17 percent VAT is included in the prices.