Baosteel cuts HRC price by $15/t for June bookings

China’s Baoshan Iron & Steel (Baosteel) is lowering the domestic base prices for some of its carbon flat steel products - including hot-rolled coil and sheet - by 100 yuan ($15) per tonne for June bookings.

Other products subject to such price cuts include pickled steel, cold-rolled coil and sheet, electro-galvanized products (commercial quality) for non-automotive use, aluzinc-coated (Galvalume) coil and sheet, products with a high-...

Published

Zihuan Pan

May 11, 2022

03:58 GMT

Shanghai