Major Chinese steelmaker Baosteel issued its prices for carbon steel flat products for delivery in April this year.
The producer has decided to raise its local base prices for hot rolled coil (HRC) by RMB 200/mt ($29/mt), while it has also increased its prices for steel plate, acid pickling plate, cold rolled coil (CRC), hot dip galvanized (HDG) and galvalume and pre-painted galvanized iron (PPGI) by RMB 200/mt ($29/mt), though it has raised its prices for electro-galvanized products by RMB 300/mt ($43/mt), and has increased its prices for non-oriented silicon steel by RMB 150/mt ($22/mt), all for delivery in April.