Jiangyin UnionSteel discloses July prices

SteelOrbis Shanghai Jiangsu province based steel producer Jiangyin UnionSteel released the July ex-factory price list of its galvanized coils and color coated coils on June 20. The price of galvanized coils increased RMB 300/mt ($37), and that of color coated coils increased RMB 400/mt ($50). After the adjustment, the price of 0.5 mm thick galvanized coils increased to RMB 7,000/mt ($875), and that of 1.0 mm thick galvanized coils to RMB 6,400/mt ($800). Meanwhile, the price of 0.426 thick color coated coils reached RMB 7,750/mt ($969), and that of 0.476 thick color coated coils RMB 7,600/mt ($950). 17 percent VAT is included in all prices.