Masteel ups coated product prices

SteelOrbis Shanghai On January 22, Anhui Province-based Maanshan Steel (Masteel) released ex-factory prices for coated products for February 2007. The ex-factory prices of HDG increased RMB 117-176/mt ($15-23). After the adjustment, the new price of 1.0 mm thick SGCC HDG is RMB 5593/mt ($719). In addition, the ex-factory prices of color coated coil increased RMB 176-293/mt ($23-38). After this adjustment, the new price of 0.5 mm thick TSGCC color coated coil is RMB 7219/mt ($928). All the above prices include 17 percent VAT.