Posted on 02 Jul 2009
This is the second time the company has raised its carbon steels prices since June. However, the prices for its billet and seamless tube prices keep unchanged.
On the other hand, Baosteel hasn't adjusted the prices for their mainstream products such as hot rolled steel and cold rolled steel at this timing, but they will be announced later soon.
It is estimated that the prices of CR and HR products might be increased by around RMB200/ton.