Metal Products News
- Baosteel to hike steel price
Date: 2-Mar-2007 Sources: (Shenzhen Daily)
BAOSHAN Iron and Steel Co. (Baosteel) said Wednesday it would hike major steel product prices by 5 to 7 percent in the second quarter of 2007.
Baosteel would raise the price of its hot-rolled sheets by 200 yuan (US$25.84) a ton from 3,742 yuan in the first quarter, while hiking the price of cold-rolled sheets by 300 yuan a ton from 4,596 yuan a ton. The increases were in line with market expectations.
Sponsor Results:
