Baosteel Ups March Ex-Factory Steel Prices

Resource from: CBCC Likes:2989

Feb 14,2012

Baoshan Iron and Steel raised the March ex-factory prices for its steel products by 50-350 yuan per ton, reports stcn.com, citing a company filing. According to Qiu Yue, a senior analyst at Xiben New Line Stock, domestic steel prices had been moving sideways, while international steel prices had recently risen significantly. The Shanghai-based steelmaker raised the price of hot-rolled steel by 200 yuan per ton, cold-rolled steel by 150 yuan per ton, acid pickling steel by 200 yuan per ton, galvanized steel by 100 yuan per ton, and non-oriented silicon steel by 200-350 yuan per ton.

(CBCC)

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