Hengtong ups ex-factory HDG price

SteelOrbis Shanghai On March 2, Hebei Province-based hot dipped galvanized coil maker Tangshan Hengtong announced an upward adjustment to its ex-factory price for HDG. The new price of HDG has increased RMB 150/mt ($19/mt) from the previous level. After adjustment, the price of 0.5 mm thick HDG is RMB 6,100/mt ($788/mt), while that of 1.0 mm thick HDG is RMB 5,600/mt ($724/mt). The above prices include 17 percent VAT and are effective as of March 2, 2007.