Major Chinese steelmaker Baosteel has issued its prices for carbon steel flat products for delivery in March this year.
The producer has decided to raise its local base prices for hot rolled coil (HRC) by RMB 200/mt ($29.4/mt), while it has also increased its prices for acid pickling plate, cold rolled coil (CRC), electro-galvanized product and hot dip galvanized (HDG) by RMB 200/mt ($29.4/mt), though it has raised its prices for steel plate and non-oriented silicon steel by RMB 300/mt ($44/mt) and has raised its prices for galvalume and pre-painted galvanized iron (PPGI) by RMB 100/mt ($14.7/mt) for delivery in March.
$1 = RMB 6.8151
