Baosteel says to keep November steel prices unchanged | chinafaster . com | #fasteners

Article by · 2011/10/14 ·

Baosteel says to keep November steel prices unchanged

* Hot-rolled coil, cold-rolled coil prices unchanged in Nov

* China’s steel demand set to decline in near future (Adds background, analyst quote)

SHANGHAI, Oct 12 (Reuters) – China’s Baoshan Iron & Steel will keep its main steel product prices unchanged in November from October, the company said on Wednesday, in a move reflecting caution over steel demand for the remainder of the year.

Chinese steel mills have been suffering from shrinking margins […]

via Baosteel says to keep November steel prices unchanged.