Baosteel: Price adjustment in 12/2017

The domestic price of Baosteel sheet metal in December is adjusted on the basis of the price in November and announced as follows (tax rates are not included below):

1. Heavy plate (Baoshan, Dongshan): remains unchanged

2. Hot rolled plate (Baoshan, Dongshan, Meishan): remains unchanged

3. SPHC (Baoshan, Dongshan, Meishan): remains unchanged

4.Normal cold rolled plate (Baoshan, Dongshan, Meishan): remains unchanged

5. HDG plate (Baoshan, Dongshan, Meishan): remains unchanged

6. Electrolytic galvanized sheet: remains unchanged

7. SGLC (Baoshan, Meishan): remains unchanged

8. Non-oriented electrical steel (Baoshan, Dongshan): remains unchanged

9. Grain oriented electrical steel: increase 350RMB/MT.

10. The above price adjustment notice shall come into force as of the date of promulgation.

11. The explanation of the price adjustment notice belongs to the Baosteel marketing center.