* Baosteel, Wuhan Steel keeps October prices flat
* A move keen to stabilise the tumbling market
BEIJING/SHANGHAI, Sept 11 (Reuters) – Baoshan Iron and Steel , China’s largest listed steelmaker, will roll over its September steel prices to October after three straight months of cuts, a move some analysts said was aimed at stabilising a market hit by weak demand.
Baosteel’s pricing decisions usually set the tone for the rest of the market, and its cuts last month were matched by most other big steelmakers which have been hit by the slowdown in the world’s second largest economy. (…)
via China’s steelmakers keeps main steel product prices steady in October.