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National News

Baosteel Group Cut Steel Ex-Works Price for July

Jun 16, 2015 08:26 GMT   Source:SMM

SHANGHAI, Jun. 16 (SMM) – Baosteel Group announced its latest price adjustment of major steel products in July, according to SMM sources. 

Prices were down 80 yuan per tonne for hot-rolled pickled products and common cold-rolled products, and down 100 yuan per tonne for electro-galvanized, electrical steel and hot-galvanized products. Prices were also off 150 yuan per tonne for coated products and galvanized Zn-Al color-coated products. 

Other steel products saw no price changes, according to its announcement.