Baowu Steel's ex-factory price for July orders remained the same at the base price level in June. Market sentiment and orders, which were driven by political expectations, recovered and removed the pessimism.
The base price of hot rolled Q235B is 5,193.85 yuan/tonne including tax; base price of cold rolled DC01 is 7500.29 yuan/tonne including tax; pickling SPHC's base price was 4567.1 yuan/tonne including tax; The base price of the aluminium-zinc DC51D+AZ is 6841.93 yuan/tonne including tax; the base price of the electro-galvanized SECC including tax is 7201.63 yuan/tonne; The base price of the color coated TDC51D+Z is 8307.98 yuan/ton.
Most of Baowu Steel's orders for July followed a flat course compared to June.
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