SteelOrbis Shanghai
On November 21, 2006, Maanshan Iron & Steel Company (Masteel) released its December ex-factory prices for
coated products. With the price of
galvanized coil decreasing RMB 234/mt ($30), the company's new price of 1.0mm thick SGCC
galvanized coil is RMB 5,300/mt ($674), while that of 0.5 mm thick SGCC
galvanized coil is RMB 6,201/mt ($789).
Meanwhile, the price of color
coated coil remains unchanged compared with November. The price of 0.5 mm thick TSGCC color
coated coil is still RMB 6,833/mt ($869).
All the above prices include 17% VAT.