Tag: China’s BaoSteel

China’s steel giant Baosteel has raised flat product prices significantly by RMB 350-360/MT (USD 51-52/MT) for Jan’17 deliveries.  The effective rates for HRC (5.5mm, SS400) are at RMB 4,702/MT (USD 681/MT). CRC (1.0mm, SPCC) is at RMB 5,366/MT (USD 777/MT). Whereas HDG coil (1.0mm, HDG coil) is at RMB 5,927/MT (USD 825/MT). All prices are on…