Major Chinese steelmaker Baosteel has issued its prices for carbon steel flat products for delivery in July this year.
The producer has decided to keep its local base prices stable for hot rolled coil (HRC), steel plate, cold rolled coil (CRC), hot dip galvanized (HDG), non-grain-oriented silicon steel, acid pickling plate, galvalume, high-aluminum zinc aluminum magnesium and pre-painted galvanized iron (PPGI), while raising its local base price for grain-oriented silicon steel by RMB 300/mt ($42/mt), all for delivery in July.