Baosteel announces the steel price policyfor June production

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On May 11, Baosteel announced the decision to list pricesof most steel products by RMB100/t (USD14/t) for June production. Meanwhile, itlifted the price of silicon steel by RMB200/t (USD28/t) and further raises byRMB100/t (USD14/t) for grades of above 75. Besides, it maintains oil pipe and high-pressure container pipe flat.