China's Shanghai Baoshan Iron and Steel Co. Ltd (600019.SH) announced on late Monday a cut of prices of main steel products for October bookings by 100-200 yuan/metric ton (tonne), compared to those for September bookings.
The following table shows price adjustment of Baosteel's steel products for October bookings.
| Item | Price adjustment (yuan/tonne) | 
| Hot-rolled steels for automobiles in Meishan Steel Company | Down 100 | 
| Pickling steels in directly controlled plants | Down 200 | 
| Steels produced in Meishan Steel Company | Down 100 | 
| Hot galvanizing steels | Down 200 | 
| Electro-galvanizing steels | Down 100 | 
| High-strength steels | Down 200 | 
| Aluminum and zinc plating steels | Down 100 | 
| Color-coated steels | Down 200 | 
If buyers place orders for above products in advance, it will offer a discount of between 60 yuan and 200 yuan, said Baosteel.
 
                 
                                
 
            
         
            
         
                
             
     
							 
			 
			 
                             
                         
                         
                         
                         
                         
                     
         
               
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