Baosteel nixes Dec. sales discounts

Baosteel Group Corp. Ltd. has removed several discounts of up to 300 yuan ($44) per tonne for December sales as the domestic market continues to improve, market sources said.

Officially, China's biggest mill is keeping prices unchanged for its main flat products.

These include hot-rolled coil at 4,042 yuan ($592) per tonne for 2.75- to 3-millimeter thick material and 3,642 yuan...

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