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.