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

Published: Mar 10, 2025 18:02

Save

After research and decision-making, the domestic sales prices of sheets & plates by Baosteel for April 2025 will be adjusted based on the prices of March 2025 as follows (all prices are exclusive of tax unless otherwise specified): I. Hot Rolled Base price remains unchanged. II. Heavy Plates Base price remains unchanged. III. Pickling Base price remains unchanged. IV. Cold Rolled Base price remains unchanged. V. Hot-Dip Galvanizing Base price remains unchanged. VI. Electro-Galvanizing Base price remains unchanged...

After research and decision-making, the domestic sales price adjustment of Baosteel sheets & plates for April 2025 is announced as follows (unless otherwise specified, all prices are exclusive of tax):

1. Hot Rolled

Base price remains unchanged.

2. Thick Plates

Base price remains unchanged.

3. Pickling

Base price remains unchanged.

4. Cold Rolled

Base price remains unchanged.

5. Hot-Dip Galvanizing

Base price remains unchanged.

6. Electroplating Galvanizing

Base price remains unchanged.

7. Aluminized Zinc

Base price remains unchanged.

8. Chalco Zinc-Aluminum-Magnesium

Base price remains unchanged.

9. High Aluminum Zinc-Aluminum-Magnesium

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. Adjustments to alloy surcharges and coating/plating surcharges are detailed in the April 2025 price list.

14. The above price adjustment notice shall take effect from the date of publication.

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

Baoshan Iron & Steel Co., Ltd.

Marketing Center (Baosteel International)

March 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

8 hours ago

[SMM Steel Market Flash] POSCO Targets 35%-40% Shareholder Return Based on Adjusted Net Income

According to POSCO’s Q1 2026 earnings call, the company has introduced its third interim shareholder return policy and shifted from a free-cash-flow-based approach to a more earnings-linked framework. The new policy targets a shareholder return ratio of 35%-40% of adjusted net profit attributable to controlling interests, to be delivered through a mix of cash dividends and share buybacks or cancellations. POSCO said the change is intended to improve payout visibility while balancing growth investment and shareholder returns.

8 hours ago

[SMM Steel Market Flash] POSCO Says Middle East Tensions Continue to Squeeze Steel Margins

According to POSCO’s Q1 2026 earnings call, the ongoing US-Iran conflict has pushed up FX, oil, LNG, and logistics costs, creating clear pressure on steel margins. The company said that although sales volumes, production, and utilization rates recovered sequentially, raw material sourcing costs remain elevated due to disruptions linked to the Middle East situation, and this cost pressure is expected to continue into the second quarter.

8 hours ago

12 hours ago

[SMM Hot Topic] HRC Prices Rose MoM in April, Expected to Fluctuate at Highs Before Mid-May

12 hours ago