China’s Baosteel announced the price policy for April delivery on February 8th.

The company has decided to increase the prices of high carbon steel and steel cord by RMB100~RMB200/ton and that for its other products have remained unchanged.

According to the new price policy, the prices of steel cord wire have soared by RMB200/ton; that for high carbon steel, welding wire and carbon steel have hiked by RMB 100/ton.

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