Posted on 10 Jun 2009
Baoshan Iron and Steel Co Ltd, the listed unit of China's largest steelmaker, has raised June prices for major hot-rolled and cold-rolled steel products by 10 percent and more from June, industry consultancy Umetal said on Wednesday.
Prices for hot-rolled steel products will rise by 500 yuan per tonne, and prices for cold-rolled steel products will increase by 400 yuan per tonne for July, Umetal said.