Chinese Wuhan Iron and Steel Corp. (Wisco) has released its prices of steel products for April that the prices of hot rolled coil (HRC), NGO, pickling steel will be hiked around RMB50/ton from a month ago.
For the HRC, the steel grade SPHC, Q195, SAE and usage of auto and cylinder have soared by RMB 50/ton. The price of Q235 is still unchanged. On the other hand, the prices of steel plate and cold rolled coil keep unchanged.
For galvanized steel, the part of zero spangle also increased by RMB50/ton. So far, the price of hot dipped galvanized coil DX51D+Z with 1.0mm is nearly RMB4,800/ton. However, the price of PPGI TDC51D+Z with 0.45mm has dropped by RMB100/ton to about RMB6, 060/ton.