Major Chinese steelmaker Baosteel has issued its prices for carbon steel flat products for delivery in September this year.
The producer has decided to raise its local base prices by RMB 200/mt ($28/mt) for hot rolled coil (HRC), steel plate, high-aluminum zinc aluminum magnesium, galvalume, pre-painted galvanized iron (PPGI), non-grain-oriented silicon steel, seamless steel pipe, welded steel pipe, wire rod and bar, while increasing its local base prices by RMB 300/mt ($42/mt) for acid pickling plate, cold rolled coil (CRC), hot dip galvanized (HDG) and medium-aluminum zinc aluminum magnesium, all for delivery in September.
$1 = RMB 7.1418
