It's reported that Chinese steelmaker Baosteel announced to raise its domestic prices for October. Baosteel remained its hot rolled coil prices flat but cut its preferential discount of RMB100/ton, making the prices rise. Meanwhile, the company increased its prices for CQ grade cold rolled coils and hot dipped galvanized coils by RMB100/ton.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66272&division=A2
