Iron Ore Price Unstabilized, Baosteel Plan To Increase Price Of Steel Products


Baosteel likely raise steel product prices of around 9 – 13 percent next month. According to analyst at Guotai & Junan Securities, Cui Jingyi, the decision Baosteel raised steel product prices due to Baosteel agree iron ore price discount that is agreed ole Rio Tinto and Japanese steel mills.