Wugang rolls over most prices; rising stocks constrain HRC

摘要

Central China’s Wuhan Iron & Steel (Wugang) will roll over ex‐works prices of hot rolled coil, plate and commercial grade cold reduced coil in March, with some high strength CRC up by RMB 50/metric ton, it announced Friday. As a result, Wugang’s Q235 5.5mm HRC ex‐works price remained unchanged at RMB 3,370/mt ($556/mt), while Q195 1.0mm CRC was unchanged at RMB 4,220/mt and Q235 14‐ 40mm plate at RMB 3,600/mt.