Posted on 11 Nov 2009
Baosteel keeps Dec steel prices flat from November
China's Baoshan Iron and Steel Co Ltd (Baosteel) kept prices for its hot and cold-rolled steel coil in December unchanged from November but scrapped discounts, an industry source said. December prices for hot-rolled steel coil with thickness of 3.0 mm was 4,042 yuan ($592.2) per tonne and cold-rolled coil with thickness of 1.0mm was 4,976 yuan per tonne.
