Author: Pratibha Bajaj

China’s major steelmaker Baosteel revised its steel prices today for July deliveries. The company has reduced its HRC prices by RMB 100/MT (USD 14/MT) in its Baoshan, Meishan and Dongshan base for July deliveries. Thus company’s effective prices for HRC (SS400 5.5mm*1500*C) were hovering at RMB 4,759.56/MT (USD 688/MT). Prices mentioned above are inclusive of…