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Baosteel plans steel price rise

0 CommentsPrint E-mail Shanghai Daily, April 21, 2010
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Baoshan Iron and Steel Co, China's largest steel maker, said it will increase steel plate prices for May after iron ore prices climbed.

The price for cold-rolled products will rise by 200 yuan (US$29) a metric ton while the hot-rolled plates price is unchanged.

Electric steel products will rise by 600 yuan a metric ton while prices for thick steel plates will increase 500 yuan a ton.

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