Baosteel remains tinplate domestic prices unchanged for November

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Publish time: 27th September, 2012      Source: ChinaCCM
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It's reported that the Chinese steel giant Baosteel has informed its domestic customers to remain its tinplate list prices unchanged for November.

Besides, the firm has hiked the tinplate prices by RMB80/ton for certain customer through reducing the discount range.

Industry sources said that Basteel's prices rise will help to support the tinplate prices in Southeast Asian market.

It's learned that the Southeast Asian buyers previously asked for price cut; however, the price cut may not be realized after Baosteel's price announcement.