WISCO issues steel prices for January shipment

Thursday, 12 December 2013 18:08:18 (GMT+3)   |   Shanghai
       

On December 12, Chinese steelmaker Wuhan Iron and Steel Co. (WISCO) issued its steel sales prices for January shipment. The details are as follows (all comparisons being with December prices):
 
1.  Hot rolled coil (HRC) and hot rolled sheet (HRS)
The prices of all hot rolled products have increased by RMB 50/mt ($8/mt).
Accordingly, the prices of 3.0 mm x 1,250 mm SPHC grade HRC, 2.75 mm x 1,250 mm Q235 grade HRC and 5.5 mm x 1,500 mm Q235 grade HRC are respectively standing at RMB 3,770/mt ($615/mt), RMB 3,780/mt ($616/mt) and RMB 3,740/mt ($610/mt).
 
2.  Pickled and oiled
The prices of all pickled and oiled products have increased by RMB 50/mt ($8/mt).
 
3.  Cold rolled (CR)
The prices of cold rolled steel with high-quality carbon, deep-drawing and high-strength cold rolled steel have increased by RMB 50/mt ($83/mt), while the prices of all other cold rolled steel products have remained unchanged.
 
4.  Hot dip galvanized (HDG)
The prices of DX53 grade deep-drawing and high-strength HDG products have increased by RMB 50/mt ($8/mt), and the prices of DX51D+Z(JD1) grade HDG products have increased by RMB 100/mt ($16/mt), while the prices of all other products have remained unchanged.
 
5.  Color-coated
The prices of TDC53D+Z grade color-coated products have decreased by RMB 100/mt ($16/mt), while the prices of all other color-coated products have remained unchanged.
 
6.  Electro-galvanized
The prices of all DQ grade electro-galvanized products have increased by RMB 120/mt ($19/mt), while the prices of all other electro-galvanized products have increased by RMB 50/mt ($8/mt).
 
7.  The prices of rolled plate, tin-coated steel products, non-grain-oriented (NGO) silicon steel and grain-oriented (GO) silicon steel have remained unchanged. As a result, the price of 14-40mm Q235A grade steel plate is currently standing at RMB 3,600/mt ($587/mt), while the price of 14-40mm Q345A grade steel plate is at RMB 3,710/mt ($605/mt).
 
8. Special steel
a. The prices of cold heading steel and 35-80# high-quality carbon steel have remained unchanged. Accordingly, the prices of 6.5 mm SWRCH22A grade cold heading steel are standing at RMB 3,780/mt ($616/mt).
 
b. The prices of SWRH72A, SWRH72B, SWRH82A, WSWRH82B and W77MnA grade high carbon steel have remained unchanged.
 
c. The prices of special steel for tire cord , welding products, cables, alloy springs, and steel wool have remained unchanged
 
d. Rolled plate
The prices of common carbon rolled plate, low-alloy rolled plate and shipbuilding plate have decreased by RMB 50/mt ($8/mt). Accordingly, the price of 14-40mm Q235A grade steel plate is standing at RMB 3,600/mt ($587/mt).
 
All prices are ex-works, excluding 17 percent VAT, and are effectively immediately.
 
$1 = RMB 6.13

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