Announcement: Baosteel Maintains Domestic Futures Selling Prices for Sheets & Plates in May 2025

Published: Apr 14, 2025 13:09

Announcement on the Adjustment of Domestic Futures Selling Prices for Sheets & Plates by Baosteel in May 2025

After careful consideration, Baosteel has decided to adjust the domestic sales prices for sheets & plates in May 2025 based on the prices in April 2025. The details of the adjustment are as follows (all prices mentioned below are exclusive of tax unless otherwise specified):

1. Hot Rolling

Base price remains unchanged.

2. Thick Plate

Base price remains unchanged.

3. Pickling

Base price remains unchanged.

4. Cold Rolling

Base price remains unchanged.

5. Hot-Dip Galvanizing

Base price remains unchanged.

6. Electrogalvanizing

Base price remains unchanged.

7. Chalco Zinc-Aluminum-Magnesium

Base price remains unchanged.

8. High Aluminum Zinc-Aluminum-Magnesium

Base price remains unchanged.

9. Aluminized Zinc

Base price remains unchanged.

10. Color Coating

Base price remains unchanged.

11. Non-Oriented Silicon Steel

Base price remains unchanged.

12. Oriented Silicon Steel

Base price remains unchanged.

13. For details on alloy surcharges and coating/galvanizing surcharges, please refer to the price list for May 2025.

14. The above price adjustments will take effect from the date of announcement.

15. The Marketing Center of Baoshan Iron & Steel Co., Ltd. (Baosteel International) reserves the right to interpret this price adjustment notice.

Baoshan Iron & Steel Co., Ltd.

Marketing Center (Baosteel International)

April 10, 2025

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Analysis] The Loose Market Pattern Remained Unchanged, and Grain-Oriented Silicon Steel Prices May Temporarily Hold Steady Next Week
18 hours ago
[SMM Analysis] The Loose Market Pattern Remained Unchanged, and Grain-Oriented Silicon Steel Prices May Temporarily Hold Steady Next Week
Read More
[SMM Analysis] The Loose Market Pattern Remained Unchanged, and Grain-Oriented Silicon Steel Prices May Temporarily Hold Steady Next Week
[SMM Analysis] The Loose Market Pattern Remained Unchanged, and Grain-Oriented Silicon Steel Prices May Temporarily Hold Steady Next Week
[Loose Pattern Unchanged, GO Silicon Steel Prices Expected to Remain Stable Next Week] Currently, demand in the downstream transformer industry is clearly diverging. Orders for high-end projects such as ultra-high voltage and data center supporting facilities remain stable, underpinning demand for high-grade Hi-B silicon steel. However, orders for ordinary distribution transformers are sluggish, with demand for mid-to-low-grade resources remaining persistently weak. Most transformer enterprises maintain strategies of just-in-time procurement and low inventory operations, resulting in limited market purchasing enthusiasm. The supply side exhibits structural looseness, with ample circulating resources of ordinary CGO grain-oriented silicon steel in the market. Some small and medium-sized traders are offering slight price concessions to accelerate capital turnover. Meanwhile, high-end grade resources such as high magnetic induction and ultra-thin specifications remain tight, with top-tier enterprises holding firm on their quoted prices.
18 hours ago
Yanzhou Coal Energy Goes Global Again: Subsidiary Yancoal Australia Plans to Acquire 80% Interest in Kestrel Coal Mine for $2.4 Billion to Expand Global Coking Coal Portfolio
18 hours ago
Yanzhou Coal Energy Goes Global Again: Subsidiary Yancoal Australia Plans to Acquire 80% Interest in Kestrel Coal Mine for $2.4 Billion to Expand Global Coking Coal Portfolio
Read More
Yanzhou Coal Energy Goes Global Again: Subsidiary Yancoal Australia Plans to Acquire 80% Interest in Kestrel Coal Mine for $2.4 Billion to Expand Global Coking Coal Portfolio
Yanzhou Coal Energy Goes Global Again: Subsidiary Yancoal Australia Plans to Acquire 80% Interest in Kestrel Coal Mine for $2.4 Billion to Expand Global Coking Coal Portfolio
18 hours ago
[SMM Steel] ArcelorMittal Dofasco shuts No.3 coke plant in Hamilton
19 hours ago
[SMM Steel] ArcelorMittal Dofasco shuts No.3 coke plant in Hamilton
Read More
[SMM Steel] ArcelorMittal Dofasco shuts No.3 coke plant in Hamilton
[SMM Steel] ArcelorMittal Dofasco shuts No.3 coke plant in Hamilton
[SMM Steel] ArcelorMittal Dofasco completed the shutdown of its No. 3 coke plant in Hamilton on April 13, 2026, as part of its decarbonization roadmap. The closure is expected to reduce emissions such as benzene and benzo(a)pyrene. The company will continue operations at its No. 2 coke plant, while affected employees have been reassigned internally.
19 hours ago