Baosteel: Price adjustment in 11/2017

The domestic price of Baosteel sheet metal in November is adjusted on the basis of the price in October 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: 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.