LianYuan Steel issues new ex-factory prices for flats

SteelOrbis Shanghai On March 16, Hunan Province based LianYuan Steel adjusted the ex-factory prices of its flat products. The details are as follows: The ex-factory price of CR increased RMB 50/mt ($6). After adjustment, the new price of 1.0 mm thick SPCC CRC is RMB 5,030/mt ($651). The ex-factory price of HDG increased RMB 80/mt ($10). After adjustment, the new price of 1.0 mm thick ST01 HDG is RMB 5,560/mt ($719) The ex-factory price of Full Hard increased RMB 80/mt ($10). After adjustment, the new price of 1.0 mm thick SPCC full hard is RMB 4,510/mt ($583). All the above prices include 17 percent VAT and are effective as of March 16, 2007.