Posted on 13 Oct 2009
China Baosteel announced that its November domestic price would show a drop of 9 to 13 percent, causing
The steel price, which started to fall this August in
CHS has kept its October base price at the same level that it was in September; however, weak market demand and the dropping price announcement from Baosteel caused both CHS and CSC to face added pressure in their new price announcements.
