Jiangyin Union unchanges prices for August

SteelOrbis Shanghai Jiangsu province based steelmaker Jiangyin Union Steel announced its August ex-factory prices for galvanized and color coated coils. The prices retained the levels in July. The price of 0.5 mm thick galvanized coils is RMB 7,000/mt ($875), and that of 1.0 mm thick galvanized coils is RMB 6,400/mt ($800). Meanwhile, the price of 0.426 mm thick color coated coils is RMB 7,750/mt ($969), and that of 0.476 mm thick color coated coils is RMB 7,600/mt ($950). 17 percent VAT is included in all prices.