Tag: China’s BaoSteel

  • China’s Baosteel Increases Flat Product Prices for December Deliveries

    China’s Baosteel Increases Flat Product Prices for December Deliveries

    China’s  steel  giant  Baosteel  has  disclosed  its  flat  product  prices  for  December  deliveries.The  company  has  raised  its  flat  products  prices  significantly  by  RMB 260-300/MT  (USD 38-44/MT)  last  month  for  December  deliveries  amid  higher cost of production  and  improving  demand. The  effective  rates  for  HRC (5.5mm, SS400)  are  heard  to  be  at  RMB 4,342/MT  (USD 639/MT) …