China’s Baosteel has rolled over list prices of HRC, CRC, heavy plates, pickled steel, hot-dipped galvanised coils and electro-galvanised sheets for Jan’22 bookings. Only pre-painted steel prices have been reduced by RMB 200/t ($31/t), m-o-m.
Earlier, the steel major had lowered HRC, CRC and hot-dipped galvanised steel prices by up to RMB 300/t ($47/t) for Dec, while heavy plate prices had been reduced by RMB 200/t ($31/t).
Leave a Reply