Major Chinese steelmaker Baosteel has 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 ($31.6/mt), while also increasing its prices for steel plate, acid pickling plate, cold rolled coil (CRC), hot dip galvanized (HDG), and pre-painted galvanized iron (PPGI) by RMB 200/mt ($31.6/mt), raising its prices for electro-galvanized products by RMB 300/mt ($47.5/mt), and hiking its prices for non-oriented silicon steel by RMB 150/mt ($23.7/mt) for April.
