The largest metallurgical company in China Baoshan & Steel Co Ltd (Baosteel) left in August the vacation prices for the main types of metal production without changes. This is stated in the company's message published today.
The second most powerful company of China Wuhan Iron & Steel Co Ltd (Wisco) announced the upcoming increase in prices. Wisco metal distribution will rise in price by an average of 50 - 100 yuan (from 8 to 16 dollars) per ton in response to a recent decrease in prices.
Baosteel left August metal prices unchanged
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