Major Chinese steelmaker Baosteel has issued its prices for carbon steel flat products for delivery in July 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), pre-painted galvanized iron (PPGI), galvalume, medium-aluminum zinc aluminum magnesium, high-aluminum zinc aluminum magnesium and non-grain-oriented silicon steel for delivery in July.
The traditional offseason in summer is anticipated to negatively affect the steel market in July.
