Wuhan Steel announces details of price cut

Friday, 01 July 2005 14:31:48 (GMT+3)   |  

Wuhan Steel announces details of price cut

China's Wuhan Steel announced the details of its ex-factory steel price cuts effective from August. The decrease will be around 10%. According to the company's announcement, hot rolled product prices will drop RMB 600 ($72) per ton. The prices of cold rolled speciality steel products will drop by RMB 500 per ton. Construction steel (Q195, DC01 and SPCC) price will drop by RMB 700. Silicon steel prices will drop around RMB 600 while electric steel strip price will fall RMB 800 per ton. Wuhan Steel had announced the price cuts on June 1, 2005.

Similar articles

US HDG market still cautiously optimistic, while keeping close eye on HRC and import

25 Sep | Flats and Slab

Further decreases in Chinese cold rolled market as inventory rises

26 Aug | Flats and Slab

Tight supplies prevent Turkish flats prices from falling

03 Aug | Flats and Slab

Chinese flats market rises, recovery signals from CIS

08 Jan | Flats and Slab

Hebei Steel Group commissions first phase of new plant

20 Nov | Steel News

Demand maintains slack trend in European flats markets

17 Oct | Flats and Slab

US flat rolled market prices sliding steadily; buyers still on hold

13 Oct | Flats and Slab

US HDG market experiences buying freeze

28 Aug | Flats and Slab

US flat rolled market shows signs of weakening despite price increases by mills

07 Aug | Flats and Slab

US HDG market – More increases around the corner

07 May | Flats and Slab

Marketplace Offers

Hot Rolled Coil
Thickness:  1.5 - 25 mm
Width:  1,000 - 1,500 mm
Coil:   R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Cold Rolled Coil
Thickness:  0.4 - 2.5 mm
Width:  1,000 - 1,500 mm
Coil:   R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Hot Rolled Coil
Thickness:  0.8 - 5 mm
Width:  1,150 - 1,850 mm
Coil:   R
SAMBHV SPONGE POWER LIMITED