WISCO issues steel prices for September shipment

Thursday, 13 August 2015 16:37:53 (GMT+3)   |   Shanghai
       

Chinese steelmaker Wuhan Iron and Steel Co. (WISCO) has issued its steel sales prices for September shipment. The details are as follows (all comparisons being with August prices):

1. Wire rod

Prices of wire rod have remained unchanged.

2. Hot rolled coil (HRC)

Prices of HRC have remained unchanged. As a result, 3.0 mm x 1,250 mm SPHC HRC is still priced at RMB 2,500/mt ($391/mt), 2.75 mm x 1,250 mm Q235 HRC is priced at RMB 2,500/mt ($391/mt), and 5.5 mm x 1,500 mm Q235 HRC costs RMB 2,470/mt ($386/mt).

3. Rolled plates

Prices of rolled plate products have remained unchanged. Currently, 14-40 mm Q235 medium plates are priced at RMB 2,640/mt ($413/mt), while 14-40 mm Q345 low alloy plates are still priced at RMB 2,750/mt ($430/mt).

4. Pickling

Prices of pickling products have remained unchanged.

5. Cold rolled plates

Prices of cold rolled plate products have remained unchanged. As a result, 1.0 mm Q195 cold rolled plate is priced at RMB 3,430/mt ($536/mt) and 1.0 mm x 1,250 mm x C Q195 cold rolled plate is priced at RMB 3,430/mt ($536/mt).

6. Hot dip galvanized (HDG)

Prices of HDG have remained unchanged. Currently, 1.0 mm DX51D+Z HDG plate is priced at RMB 4,260/mt ($666/mt) and 1.0 mm DX51D+Z coil is priced at RMB 4,170/mt ($652/mt).

7. Electro-galvanized (EG) products

Basic prices of EG products have remained unchanged. As a result, 1.0 mm DC01+ZE EG plate is priced at RMB 4,480/mt ($700/mt) and 1.0 mm DC01+ZE EG coil is priced at RMB 4,390/mt ($686/mt).

8. Pre-painted galvanized iron (PPGI)

Prices of PPGI have remained unchanged. Currently, 1.0 mm TDC51D+Z PPGI coil is priced at RMB 5,230/mt ($817/mt).

9. Prices of channels, non-grain-oriented (NGO) silicon steel and grain-oriented silicon steel have remained unchanged. As a result, 0.5 mm 50WW470 high-grade NGO silicon steel is priced at RMB 5,250/mt ($820/mt) and 0.5 mm 50WW600 low-grade NGO silicon steel is priced at RMB 4,680/mt (731/mt).

All prices are ex-works, excluding 17 percent VAT, and are effective immediately.

$1 = RMB 6.40


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