Major Chinese steelmaker Baosteel has issued its prices for carbon steel flat products for delivery in November. The details are as follows:
(comparisons are with October delivery prices)
1. Hot rolled coil (HRC):
Prices have remained stable.
2. Hot rolled pickled products:
1) Prices of products from Baosteel's main steel production base have remained stable.
2) Prices of products from Baosteel's Shanghai-based subsidiary
3) Meishan Steel have remained stable.
3. Cold rolled (CR) products:
1) Prices of products from Baosteel's main steel production base have remained stable.
2) Products from Meishan Steel are $8/mt lower in price than products from the main steel base.
4. Hot dip galvanized (HDG):
1) Prices of products from Baosteel's main steel production base have
remained stable.
2) Prices of products from Baosteel's Shanghai-based subsidiary
3) Meishan Steel have also remained stable.
5. Electro-galvanized (EG) products:
Prices are unchanged.
6. Galvalume:
Prices have remained stable.
7. Coating Products:
Prices of coating products have remained stable.
8. Non-grain-oriented (NGO) electrical steel prices:
Prices have remained stable.
9. Grain-oriented (GO) electrical steel prices:
Prices are unchanged.
All the above price changes are effective from October 10 and exclude 17 percent VAT.