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  • Baosteel raises steel product prices
    Date: 21-Nov-2007 Sources: (Shenzhen Daily)

    BAOSHAN Iron and Steel Co. said yesterday it was raising major steel product prices as much as 8 percent for the first quarter of 2008.

    Baosteel is raising the price of its hot-rolled steel products by 300 yuan, or 8 percent, to 4,042 yuan a ton from the fourth quarter of 2007. It announced the price changes in a statement posted on its Web site. The company is also raising the price of cold-rolled steel products by 200 yuan, or 4 percent, to 4,796 yuan a ton, while hiking the prices of major hot-galvanizing steel by 6 percent.



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