Kunming Steel increases CR prices

SteelOrbis Shanghai On October 12, China's Yunnan province based Kunming Steel increased its ex-factory prices of cold rolled sheet by RMB 80/mt ($10). After the adjustment, the new price of 1.0 mm ST12 cold rolled coil is at RMB 4,780/mt ($604), that of 0.5 mm cold rolled coil is at RMB 5,190/mt ($656). The above prices include 17 percent VAT and are effective as of October 12, 2006.