Jiangyin UnionSteel issues ex-factory prices for Feb 2007

SteelOrbis Shanghai On January 25, Jiangsu Province-based Jiangyin UnionSteel released its ex-factory prices of HDG, Al-Zn coated coil and color coated coil for February 2007. The details are as follows: The new ex-factory price of HDG remains unchanged compared with January 2007. The new price of 0.5 mm thick HDG is RMB 7,100/mt ($913/mt), while that of 1.0 mm thick HDG is RMB 6,500/mt ($835/mt). The new ex-factory price of Al-Zn coated coil increased RMB 50/mt ($6/mt). After adjustment, the new price of 0.5 mm thick Al-Zn coated coil is RMB 7,350/mt ($945/mt), while that of 1.0 mm thick Al-Zn coated coil is RMB 7,000/mt ($900/mt). Finally, the new ex-factory price of color coated coil increased RMB 100-200/mt ($13-26/mt). After adjustment, the price of 0.426 mm thick color coated coils is RMB 7,750/mt ($996/mt), while that of 0.476 mm thick color coated coils is RMB 7,550/mt ($970/mt). VAT is included in all prices.