WISCO announces price decrease for Q1
Chinese Wuhan Iron & Steel Group (
WISCO) reduced its prices by RMB 300-350/mt ($37-43) for the first quarter of 2006.
The new price level for 2.75 mm diameter Q235 hot rolled coil is RMB 3,300/mt ($409) including 17% VAT.
SteelOrbis will provide further details soon.