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 for hot rolled coil (HRC) and steel plate by RMB 200/mt ($28/mt), to raise local base prices for acid pickling plate by RMB 150/mt ($21/mt), and to increase local base prices for cold rolled coil (CRC), hot dip galvanized (HDG), electro-galvanized products, galvalume, medium aluminum zinc aluminum magnesium, high aluminum zinc aluminum magnesium and pre-painted galvanized iron (PPGI) by RMB 100/mt ($14/mt), respectively, all for delivery in January.
$1 = RMB 7.1174
