Announcement on Adjustment of Domestic Futures Sales Prices for Baosteel's Steel Plates in March 2025
Baosteel hereby adjusts the domestic sales prices for steel plates in March 2025
After deliberation, Baosteel hereby adjusts the domestic sales prices for steel plates in March 2025 based on the February 2025 prices as follows (all prices below are exclusive of tax unless otherwise specified):
- Hot-rolled Base price increased by RMB 100/ton.
- Thick Plate Base price increased by RMB 100/ton.
- Pickling Base price increased by RMB 100/ton.
- Cold-rolled Base price increased by RMB 100/ton.
- Hot-dip Galvanized Base price increased by RMB 100/ton.
- Electro-galvanized Base price increased by RMB 100/ton.
- Aluminum-zinc Coated Base price increased by RMB 100/ton.
- Medium Aluminum Zinc-aluminum-magnesium Base price increased by RMB 100/ton.
- High Aluminum Zinc-aluminum-magnesium Base price increased by RMB 50/ton.
- Color Coated Base price increased by RMB 50/ton.
- Non-oriented Silicon Steel Base price increased by RMB 100/ton.
- Grain-oriented Silicon Steel Base price remains unchanged.
- Alloy Surcharges and Coating/Plating Surcharges Adjustments are detailed in the March 2025 price list.
- Effective Date The above price adjustments take effect immediately upon announcement.
- Interpretation Authority This notice is subject to interpretation by the Marketing Center of Baoshan Iron & Steel Co., Ltd. (Baosteel International).
Issued by: Marketing Center of Baoshan Iron & Steel Co., Ltd. (Baosteel International) Release Date: February 10, 2025
Additional Note on Shanghai Baohui Steel Limited
As an authorized distributor of Baosteel, Shanghai Baohui offers enhanced price advantages for clients due to its significant order volume under Baosteel’s pricing framework. Additionally, Baohui provides comprehensive services—including processing, pretreatment, packaging, and logistics—based on Baosteel’s factory-supplied steel plates, ensuring seamless delivery of finished products to clients worldwide.
