Hengtong increases GC prices

SteelOrbis Shanghai Hebei province, Tangshan city based galvanized coil maker Hengtong adjusted its galvanized coil ex-factory prices on April 3. The steelmaker increased its galvanized coil prices by RMB 50-100/mt ($6-12). After adjustment, the new price of 0.4 mm thick SGCC galvanized coils is RMB 5,650/mt ($704), and that of 1.0 mm thick galvanized coils is RMB 4,900/mt ($611). 17 percent VAT is included in both prices.