Baotou cuts prices for October deliveries

Monday, 19 September 2005 15:39:00 (GMT+3)   |  

Baotou cuts prices for October deliveries

Chinese Baotou Steel announced price cuts for its October deliveries. Accordingly, the prices decrease 200 RMB/mt($25/mt)for hot rolled products and 400 RMB/mt($50/mt) for cold rolled products. The new prices will be effective from tomorrow,covering new bookings for October deliveries. Baotou Steel is the first mill to announce price cuts for October deliveries in China.

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