WISCO ups its ex-factory flats prices for September

Thursday, 30 July 2009 15:36:33 (GMT+3)   |  
On July 30, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Corporation (WISCO) announced its ex-factory flat steel prices for September. The details are as follows:

1. HR coils

Common carbon HRC prices have increased by RMB 200/mt ($29/mt). After the changes, the price of 2.75 mm Q235 HRC is at RMB 4,000/mt ($586/mt), while that of 5.5 mm Q235 HRC is at RMB 3,940/mt ($577/mt).

2. Medium plate

Prices are up by RMB 300/mt ($44/mt), with the new price of 14-20 mm Q235 medium plate at RMB 4,078/mt ($597/mt).

3. CR coils

Prices have increased by RMB 400/mt ($59/mt). Thus, the price of 1.0 mm Q195 CR sheet is at RMB 5,250/mt ($769/mt), while the price of 1.0 mm Q195 cold rolled coil is now at RMB 5,200/mt ($761/mt).

4. Galvanized coils

Prices have gone up by RMB 800/mt ($117/mt). As a result, the new price of 1.0 mm DX51D+Z is RMB 5,933/mt ($869/mt).

5. Shipbuilding plate

Prices have increased by RMB 250/mt ($37/mt).

6. Silicon steel

Prices have seen a rise of RMB 1,000/mt ($146/mt).

All the above prices exclude 17 percent VAT and are effective as of July 30, 2009.

$1 = RMB 6.83


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