SPCC_SD
SL_250Y_4D_SL_330Y
S50CM
ASTM_A684_1065MOD_1070
SK85M
SILICON_ELECTRIC_STEEL
SECC
 
 
     
  6/17/2010  
  Baosteel agrees on 23% iron ore price hike

 

     
  It is reported that China’s top steelmaker Baosteel has agreed on a 23 percent price hike for the third quarter with Rio Tinto and BHP Billiton. After price hike, the company will pay US$147/ton for iron ore excluding freight. However, the spot price has dropped to US$143/ton from US$186.5/ton by about 23 percent.