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Details of price hike by WISCO
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Wednesday, 16 Feb 2011
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It is reported that leading China steelmaker WISCO unveiled its price change details for March 2011 deliveries with prices of most carbon steel raised by CNY 200 per tonne to CNY 400 per tonne.

1. HRC
March prices up CNY 300 per tonne from February level excluding weathering steel lifts by CNY 200 per tonne and welded steel advances by CNY 400 per tonne
SPHC 2.75mm*1250*C is priced at CNY 4640 per tonne
Q235 5.5mm*1500*C is offered at CNY 4520 per tonne;

2. Medium plate
March prices up CNY 400 per tonne from February level excluding Q345 for bridge steel, high-tensile steel, welded steel rise by CNY 300 per tonne
Medium plate Q235 with diameter 14mm to 20mm is offered at CNY 4730 per tonne

3. CRC
March prices up CNY 300 per tonne from February level;
SPCC with diameter 1.0mm is priced at CNY 5200 per tonne;
CRC with diameter 1.0mm is posted at CNY 5150 per tonne

(Sourced from MySteel.net)
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