On November 11, major Chinese steelmaker Baosteel has issued its prices for carbon steel flat products for delivery in December. The group has decided to hold local base prices for HRC, hot rolled pickled products, CRC, HDG, PPGI and grain-oriented electrical steel stable, while it has cut base prices for plate, electro-galvanized products and non-grain-oriented electrical steel by RMB 100/mt ($14.3/mt), SteelOrbis has learned.
Baosteel keeps local HRC prices stable for December delivery
Eunice Ouyang
EditorI graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.
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