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PrintChina's Baoshan Iron and Steel Co Ltd has cut its sales prices for major products for December by as much as 20% versus its November prices.
Baosteel's December benchmark price for SS400 2.75*1250 is posted at CNY 3742 per tonne, 5.5*1500 at CNY 3692 per tonne, SPHC at the same level; while SPCC 1.0*1250*C is put at CNY 4596 per tonne. All exclude the tax.
According to latest source, the HRC is down CNY 800 per tonne to CNY 1000 per tonne, EG down CNY 900 per tonne shipbuilding plate down CNY 900 per tonne.
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