Wuxi NewDaZhong's December prices retain previous level

SteelOrbis Shanghai On December 5, 2006, Jiangsu province based steelmaker Wuxi NewDaZhong released the December ex-factory price of its' products. The ex-factory price of galvanized coil and color coated coil remained unchanged compared with November. The price of 0.5 mm thick galvanized coil is RMB 6,450/mt ($825), and that of 1.0 mm thick galvanized coil is RMB 6,000/mt ($767). The price of 0.4 mm thick color coated coil is RMB 7,450/mt ($953), while that of 0.47 mm thick color coated coil is RMB 7,050/mt ($902). 17 percent VAT is included in the prices.