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Date: 2016-08-19

Baosteel raises main steel product prices for Sept delivery

China's biggest listed steelmaker, Baoshan Iron & Steel (Baosteel), has raised its main steel product prices for September delivery, the company said in a statement on Thursday.

Prices for hot-rolled coil and cold-rolled coil were both raised by 100 yuan ($15.06) per tonne, it said.

The firm's pricing moves usually set the tone for the industry as a whole. ($1 = 6.6395 Chinese yuan)
(Reuters)


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