Baoshan Steel, the largest steel sheet company in China, announced the sales prices of the steel sheets that will be loaded on August 10, 2023. China Baoshan Steel has increased its steel plate prices for the first time in 4 months. In the statement, it was stated that the prices of other products were increased, especially with an increase of 100 yuan per ton for hot rolled coil.
Demand in the market is expected to improve towards the autumn, along with China's methods of stimulating the economy.
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