Baosteel plans to cut tinplate prices for July

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Publish time: 8th June, 2013      Source: ChinaCCM
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It's reported that the Chinese steelmaker Baosteel planned to cut tinplate prices by RMB230/ton for July.

Meanwhile, Baosteel has reduced its tinplate prices by RMB180/ton and RMB160/ton for April and May.

Industry sources said that if Baosteel continues cutting its tinplate prices, it will bring pressure to the Japanese steel mills.