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Baosteel pares ex-w prices for May deliveries
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Date:[4/8/2014] Source:Shandong Hai Steel Co.,Ltd
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Baosteel pares ex-w prices for May deliveries
China's first-tier steelmakers mostly lowered their ex-w prices for Apr deliveries albeit in disguise; while Baosteel, regardless of the general downtrend, held the ex-w prices of its main products unchanged, displeasing downstream users. Therefore, Baosteel pares the ex-w prices for May deliveries to ensure decent order books.
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