China’s Wuhan Iron and Steel has announced to raise steel price of February.

The price of HRC will be raised by RMB100/ton, and the price of common carbon cold rolled coils will increased by RMB350/ton. The price of ship plate will be up by RMB55/ton, and the price of HGI will rise by RMB100/ton.

After adjustments, the price of Q235 with the thickness of 2.75mm will be at RMB4,590/ton. The price of Q195 with the thickness of 1.0mm will be up to RMB4,990/ton.

The price of Q235 in the thickness from 14mm to 20mm will be at RMB4,870/ton. And the price of WLZn hot dip galvanized steel with the thickness of 1.0mm will be at RMB4,783/ton.