Baosteel cuts local HR coils and plates prices for October delivery

Tuesday, 10 September 2019 12:09:15 (GMT+3)   |   Istanbul

On September 9, major Chinese steelmaker Baosteel has issued its prices for carbon steel flat products for delivery in October. The group has decided to cut local prices for HRC and plate by RMB 100/mt ($14/mt). Base prices of hot rolled pickled products from Baosteel’s main steel have remained stable. At the same time, base prices for CRC and HDG have increased by RMB 100/mt ($14/mt). High strength CRC, HDG and electro-galvanized products tags have added RMB 150/mt ($21/mt), SteelOrbis learnt.

AnastasiaKononenko
Anastasia Kononenko
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I hold a Bachelor's degree in Journalism and Economics from Oles Honchar National University in Ukraine. I have 15 years of experience in the steel media industry, including the past seven years at SteelOrbis, where I lead the Market Intelligence team responsible for coordinating coverage of Asian steel and raw material markets. My areas of expertise also include global markets for billet, slabs, pig iron and HBI, with a focus on market analysis and industry trends.

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