It is reported that China's top steelmaker Baosteel has releases its April prices for some steel products on the basis of its March prices. Prices have been cut by CNY 200 per tonne for hot rolled, cold rolled and galvanized, raised by CNY 100 per tonne for color coated and maintained firm for wide and heavy plate, silicon steel and wire rod.
HR
1. Down by CNY 200 per tonne for common carbon products
2. Unchanged for high strengthen products
(3.0*1250 SPHC price is now offered at CNY 3542 per tonne)
HR Pickled
1. Down by CNY 200 per tonne
CR
1. Down by CNY 200 per tonne for common carbon CQ grade products
(Latest price stands at CNY 4055 per tonne for DC01 1.0*1250 and CNY 3955 per tonne for SPCC 1.0*1250)
Galvanized
1. Down CNY 200 per tonne for CQ and DQ
2. Unchanged for others
Color coated
1. Up CNY 100 per tonne
Wide and Heavy Plate
Unchanged
Silicon Steel
Unchanged
Tinplate
Unchanged
Prices listed above are all EXCLUSIVE of 17% VAT. The prices are for reference only and will be subject to the final document published by Baosteel.
(Sourced from.Mysteel.net)
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