On January 4, 2019, Baosteel released carbon steel flats futures price policy for February and March 2019 based on price policy for January 2019. (Following price excluded tax unless specified)

I Heavy Plate (Baoshan base, Dongshan base)

Base price: unchanged for February; up 50 yuan/t for March.

II HR (Baoshan base, Meishan base and Dongshan base)

Base price: unchanged for February.

>> Now 5.5mm*1500*C SS400 HR coil is priced at 4012 yuan/t (4653.92 yuan/t including tax); 3.0mm*1250*C SPHC HR coil is 4052 yuan/t (4700.32 yuan/t including tax).

Base price: up 50 yuan/t for March.

III Pickled coil (Baoshan base, Meishan base, Qingshan base and Dongshan base):

Base price: unchanged for February.

>> Now 3.0mm*1500*C SPHC HR pickled coil is 4637 yuan/t in Baoshan base (5378.922 yuan/t including tax).

>> Now 3.0mm*1500*C SPHC HR pickled coil is 4407 yuan/t in Qingshan, Meishan and Dongshan base (5112.12 yuan/t including tax).

Base price: up 50 yuan/t for March.

IV Plain Carbon CR steel (Baoshan base, Qingshan base, Dongshan base and Meishan base)

Base price: unchanged for February.

>> Now 1.0mm*1250*C SPCC CR coil is priced at 4636 yuan/t (5377.76 yuan/t including tax).

Base price: up 50 yuan/t for March.

V Hot galvanized products (Baoshan base, Dongshan base, Meishan base, Qingshan base)

Base price: unchanged for February; up 50 yuan/t for March.

VI Electro-galvanized products (Baoshan base, Qingshan base)

Base price: unchanged for February; up 50 yuan/t for March.

VII Non-oriented silicon steel (Baoshan base, Qingshan base and Dongshan base)

Base price: unchanged for February; up 50 yuan/t for March.

VIII Oriented silicon steel (Baoshan base, Qingshan base)

Base price: unchanged for February.

The above prices take effect from the date of its publication and the final explanation right to this price adjustment notice belongs to the Marketing Department of Baoshan Iron and Steel Co., Ltd.