Hot rolled silicon steel producers raise prices in unison

SteelOrbis Shanghai On June 15, hot rolled silicon steel producers including Sichuan province based steel company Chongqing Sigang, Jiangsu province based silicon steel company Suzhou Wuzhong, Jiangsu province based silicon steel company Zhenjiang Tieben, Zhejiang province based silicon steel mill Zhuji, Jiangsu province based silicon steel mill Huaiyin raised July ex-factory price of the product in unison. After the adjustment, the new price of DR510 silicon steel is RMB 5,050/mt ($631) including 17 percent VAT. The prices are effective from June 15, 2006.