LianYuan Steel ups prices of coated products slightly

SteelOrbis Shanghai On February 1, Hunan Province-based LianYuan Steel made an upward adjustment to the ex-factory prices of its coated products. The details are as follows: The ex-factory price of HDG increased RMB 30/mt ($4/mt). After adjustment, the new price of 1.0 mm thick ST01 HDG is RMB 5,480/mt ($706/mt). Meanwhile, the ex-factory price of full hard coil increased RMB 30/mt ($4/mt). The above prices all include 17 percent VAT and are effective as of February 1, 2007.