Major Chinese steelmaker Baosteel has issued its prices for carbon steel flat products for delivery in April this year.
The producer has decided to keep its local base prices stable for hot rolled coil (HRC), steel plate, acid pickling plate, cold rolled coil (CRC), galvalume, medium-aluminum zinc aluminum magnesium, high-aluminum zinc aluminum magnesium, pre-painted galvanized iron (PPGI) and non-grain-oriented silicon steel stable, while it has decided to raise local base prices for hot dip galvanized (HDG), electro-galvanized products and grain-oriented silicon steel by RMB 100/mt ($14/mt), RMB 100/mt ($14/mt) and RMB 200/mt ($28/mt), respectively, all for delivery in April.
