Reportedly, the Chinese steelmaker Wuhan Iron and Steel Co. (Wisco) issued its price policy for October.
The company decided to increase its prices for hot rolled steel products by RMB50/ton for October.
After the adjustment, its prices for SPHC hot rolled coils (HRC) with thickness of 3.0mm are at RMB3,870/ton; those for Q235 HRC with thickness of 2.75mm are at RMB3,830/ton and those for Q235 HRC with thickness of 5.5mm are at RMB3,790/ton.