Major Chinese steelmaker Baosteel has issued its prices for carbon steel flat products for delivery in January next year.
The producer has 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 January next year.