* Baosteel raises prices by 150 yuan/T for March
* Increase in prices within market expectations
* Seasonal improvement seen in steel demand
* Analysts remain cautious over market outlook
SHANGHAI, Feb 10 (Reuters) – China’s Baoshan Iron & Steel will raise its main steel product prices for March, it said on Friday, a move seen as tapping into improving steel demand.
Analysts expect a seasonal pick-up in steel demand to encourage steel mills in the world’s largest steel producer to lift prices, but uncertainties in the marco-economy may stifle hopes of any big price spike in the domestic market. (…)
