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

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

After thorough research, Baosteel has decided to adjust the domestic selling prices for sheets & plates in March 2025 based on the prices in February 2025 as follows (all prices below are exclusive of tax unless otherwise specified):

I. Hot-Rolled

Base price increased by 100 yuan/mt.

II. Heavy Plate

Base price increased by 100 yuan/mt.

III. Pickled

Base price increased by 100 yuan/mt.

IV. Cold-Rolled

Base price increased by 100 yuan/mt.

V. Hot-Dip Galvanizing

Base price increased by 100 yuan/mt.

VI. Electro-Galvanizing

Base price increased by 100 yuan/mt.

VII. Aluminized Zinc

Base price increased by 100 yuan/mt.

VIII. Chalco Zinc-Aluminum-Magnesium

Base price increased by 100 yuan/mt.

IX. High-Aluminum Zinc-Aluminum-Magnesium

Base price increased by 50 yuan/mt.

X. Color Coating

Base price increased by 50 yuan/mt.

XI. Non-Oriented Silicon Steel

Base price increased by 100 yuan/mt.

XII. Oriented Silicon Steel

Base price remains unchanged.

XIII. Adjustments to alloy surcharges and coating surcharges are detailed in the March 2025 price list.

XIV. The above price adjustments take effect immediately upon publication.

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

Baoshan Iron & Steel Co., Ltd.

Marketing Center (Baosteel International)

February 10, 2025