Major Chinese steelmaker Baosteel has issued its prices for carbon steel flat products for delivery in June this year.
The producer has decided to raise its local base prices by RMB 100/mt ($14.6/mt) for hot rolled coil (HRC), steel plate, acid pickling plate, cold rolled coil (CRC), hot dip galvanized (HDG), pre-painted galvanized iron (PPGI), medium-aluminum zinc aluminum magnesium, high-aluminum zinc aluminum magnesium, galvalume, non-grain-oriented silicon steel, seamless steel pipes (mechanical structural tube), welded steel pipes, wire rod and bar, while raising its local base prices by RMB 200/mt ($29/mt) for grain-oriented silicon steel, all for delivery in June this year.
$1 = RMB 6.8426
