On 10 February 2020, Marketing Center of Baosteel announced the price adjustment as following (price is not included the tax unless otherwise specified):
i. Non-oriented electrical steel / Non-oriented Silicon Steel: The basic price of Baoshan, Qingshan, Dongshan remain unchanged.
ii. Oriented Electrical Steel / Grain-oriented Silicon Steel: The basic price of Baoshan, Qingshan remain unchanged.
The price adjustment notice will be effective from the date of announcement.
The interpretation right of this price adjustment notice belongs to the Marketing Center of Baoshan Iron and Steel Co., Ltd. (Baosteel International)