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[Ferro-Alloys.com] Baosteel Group Corporation, the biggest mills in China, has announced to hike hot and cold coil plate, electrical steel plate, and steel plates purchasing prices by RMB$350~800/ton in January 2017, due to the raw material and the market share raised up.
The company will hike price of hot rolled coil by RMB360/ton, increasing by 7% compared to the last period. 
Meanwhile, Baosteel will increase electrical steel plat price by RMB800/ton as well.

• [Editor:Chen Zhen Seng]