Wuxi NewDaZhong announces June price list

SteelOrbis Shanghai Jiangsu province based steelmaker Wuxi Newdazhong released its June price list on June 1. The company increased its both galvanized and color coated coil ex-factory prices RMB 600/mt ($75). After the adjustment, the new price of 0.5 mm thick galvanized coils became RMB 6,700/mt ($835), and 1.0 mm thick galvanized coils became RMB 6,250/mt ($779). 0.4 mm thick color coated coils increased to RMB 7,650/mt ($954), and 0.47 mm thick color coated coils to RMB 7,300/mt ($910). 17 percent VAT is included in all prices.