CHINA STEEL WRAP: Baosteel raises cold rolled steel prices for January

Dec 12, 2011 | 03:38 AM |

Baosteel raised its ex-works prices for cold rolled coil and electrical galvanized coil for January, responding to the bounce in automobile output and sales in November. The steelmaker will advance the price of its cold rolled coil by 100 yuan ($16) per tonne exw, and its electrical galvanized coil by 100-200 yuan per tonne exw. Grain-oriented electrical steel prices will also rise by 200....

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