Baosteel: Price adjustment in 10/2017

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

1. Heavy plate (Baoshan, Dongshan): increase 300RMB/MT

2. Hot rolled plate (Baoshan, Dongshan, Meishan): increase 200RMB/MT

3. SPHC (Baoshan, Dongshan, Meishan): increase 150RMB/MT

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

(1)increase 150RMB/MT

(2)Quarterly pricing products: based on the prices of September, enamel steel increases 350RMB/MT, battery steel BDCK increases 550RMB/MT, double-layer weled pipe BHG2 increases 750RMB/MT, ultra-high strength steel increases 450RMB/MT

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

(1)increase 150RMB/MT

(2)Quarterly pricing products: based on the prices of September, ultra-high strength steel increases 450RMB/MT

6. Electrolytic galvanized sheet: 

(1) increase 150RMB/MT

(2)Quarterly pricing products: based on the prices of September, ultra-high strength steel increases 550RMB/MT

7. SGLC (Baoshan, Meishan): increase 150RMB/MT

8. Non-oriented electrical steel (Baoshan, Dongshan): incease 150RMB/MT, higher grade increase another 100RMB/MT

9. Grain oriented electrical steel: from higher grade to lower grade increase 300RMB/MT to 800RMB/MT accordingly.

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.