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Baosteel revises up ex-w price of Sep, steel industry to see peak season
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Date:[8/20/2013] Source:Shandong Hai Steel Co.,Ltd
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Baosteel revises up ex-w price of Sep, steel industry to see peak season
Baosteel announced to revise up price of HR products of September by 150 yuan/tonne on August 13 and that of CR products and electrical steel by 120 yuan/tonne. This is Baosteel's first price rise since May this year, indicating confirmation of bullish market price of large-sized steel enterprises and favorable expectation for "gold September and silver October".
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