SteelOrbis Shanghai
Wuhan Iron & Steel Corporation (
WISCO) announced its October ex-factory prices of
galvanized coils and color
coated coils on September 4, 2006.
Galvanized coil prices remained unchanged compared with September; while color
coated coil prices decreased RMB 117/mt ($15).
After the adjustment, 1.0 mm JY150
galvanized coil retained RMB 5,713/mt ($720) including 17 percent VAT, while 0.55 mm WLC color
coated coil dropped to RMB 7,119/mt ($897) including 17 percent VAT.