Tag: Bao Steel Prices
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China: Baosteel Keeps Flat Steel Price Unaltered for Next Two Months
China’s largest steelmaker,Baosteel has kept the flat steel prices unchanged for Feb and March shipments post implementation of increased prices in the month of January upto USD 18/MT (RMB 80-120). The effective rates for HRC ( Q235 5.5m) are heard to be at RMB 4,992/MT (USD 766/MT) and Q235 plates stood at RMB 4,000/MT(USD 614/MT). However effective…