Chinese Wisco hikes HR steel prices for May

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Publish time: 17th April, 2012      Source: ChinaCCM
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It's reported that Wuhan Iron and Steel Corp. (Wisco) released its price policy for May.

The company decided to raise the list prices of hot rolled (HR) steel and medium heavy plates by RMB40/ton and RMB60/ton for May.

Meanwhile, Wisco decided to remain the list prices of cold rolled (CR) steel, galvanized steel and coasted steel unchanged.

However, it cut the list prices of non-oriented silicon steel by RMB100~RMB200/ton averagely for May