China Baosteel ups July steel price vs June-Umetal

Posted on 10 June 2009

Source: Reuters, June 10, 2009

Baoshan Iron and Steel Co Ltd, the listed unit of China's largest steelmaker, has raised June prices for major hot-rolled and cold-rolled steel products by 10 percent and more from June, industry consultancy Umetal said on Wednesday.


Prices for hot-rolled steel products will rise by 500 yuan per tonne, and prices for cold-rolled steel products will increase by 400 yuan per tonne for July, Umetal said.


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