SteelOrbis Shanghai
Hubei Province-based Wuhan Iron & Steel Corporation (WISCO) has announced certain adjustments to its ex-factory prices for March. The details are as follows:
1. HR coils
Prices have increased RMB 200/mt ($29/mt). After the changes, the price of 2.75 mm Q235 HRC is at RMB 3,850/mt ($564/mt), while that of 5.5 mm Q235 HRC is at RMB 3,740/mt ($548/mt).
2. CR coils
Prices have increased RMB 200/mt ($29/mt). Thus, the price of 1.0 mm Q195 CR sheet is at RMB 4,260/mt ($624/mt), while the price of 1.0 mm Q195 cold rolled coil is now at RMB 4,210/mt ($616/mt).
3. Galvanized coils
Prices have increased by RMB 400/mt ($59/mt). As a result, the new price of 1.0 mm DX51D+Z is RMB 4,593/mt ($672/mt).
4. Color coated
Prices have increased RMB 300/mt ($44/mt).
5. Wire rod
The prices of common carbon wire rod are up by RMB 200/mt ($29/mt).
6. Silicon steel
Prices of non-oriented silicon steel have seen a rise of RMB 200/mt ($29/mt), while prices of WTG200-20/WT200-20 have increased RMB 1,000/mt ($146/mt)
All the above prices exclude 17 percent VAT and are effective as of February 6, 2009.
$1 = RMB 6.83