Tag: Baosteel cuts flat steel prices

China’s major steelmaker – Baosteel has announced flat steel prices for December deliveries.The company has slashed flat steel prices by upto RMB 200/MT (USD 29) after keeping unchanged in previous month. The effective rates for HRC (SS400 5.5mm*1500*C) are heard to be at RMB 5,001.92/MT (USD 719/MT).Prices mentioned are inclusive of taxes. Meanwhile company cuts CRC price…