16 November 2018

Baosteel raises Feb steel prices by up to 120 yuan

Baoshan Iron & Steel Co. Ltd. (600019), China’s largest listed steelmaker, will raise steel prices for February bookings, according to a statement on its website. It will raise prices of hot-rolled coil by 80 yuan (US$13.23) per metric ton and cold-rolled coil by 120 yuan per metric ton. The company’s pricing decisions usually set the direction for the entire market.

– Contact HKEJ at [email protected]



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