Major Chinese steelmaker Baosteel has issued its prices for carbon steel flat products for delivery in February and March 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), hot dip galvanized (HDG) and medium-aluminum zinc aluminum magnesium, high-aluminum zinc aluminum magnesium, galvalume, pre-painted galvanized iron (PPGI), non-grain-oriented silicon steel, seamless steel pipes, welded steel pipes, wire rod and bar, all for delivery in February this year.
The producer has also decided to raise its local base prices by RMB 100/mt ($14/mt) for hot rolled coil (HRC), steel plate, acid pickling plate, cold rolled coil (CRC), hot dip galvanized (HDG) and medium-aluminum zinc aluminum magnesium, high-aluminum zinc aluminum magnesium, galvalume, pre-painted galvanized iron (PPGI), non-grain-oriented silicon steel, seamless steel pipes, welded steel pipes, wire rod and bar, all for delivery in March this year.