On March 11, 2019, Baosteel releases carbon steel flats futures price policy for April 2019 based on price policy for February and March 2019. (Following prices exclude VAT unless specified)

I Heavy Plate (Baoshan base, Dongshan base)

Base price: up 300 yuan/t

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

Base price: up 300 yuan/t

>> Now 5.5mm*1500*C SS400 HR coil is priced at 4312 yuan/t (5001.92 yuan/t including tax); 3.0mm*1250*C SPHC HR coil is 4352 yuan/t (5048.32 yuan/t including tax).

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

Base price: up 350 yuan/t for Baoshan base; up 400 yuan/t for Meishan and Dongshan base; up 420 yuan/t for Qingshan base.

>> Now 3.0mm*1500*C SPHC HR pickled coil is 4987 yuan/t in Baoshan base (5784.92 yuan/t including tax).

>> Now 3.0mm*1500*C SPHC HR pickled coil is 4807 yuan/t in Meishan and Dongshan base (5576.12 yuan/t including tax).

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

Base price: up 300 yuan/t.

>> Now 1.0mm*1250*C SPCC CR coil is priced at 4936 yuan/t (5725.76 yuan/t including tax).

The base price of enamel steel, battery steel, double-layer welded pipe and electromagnetic pure iron are raised by 300 yuan/ton in the second quarter on the basis of first quarter.

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

Base price: up 350 yuan/t for CQ grade, non-auto steel and S series structural steel in Baoshan base, Qingshan base and Dongshan base; up 350 yuan/t for products in Meishan base; up 300 yuan/t for other products.

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

Base price: up 250 yuan/t for CQ grade steel and non-auto steel; up 300 yuan/t for other products.

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

Base price: up 300 yuan/t

VIII Oriented silicon steel (Baoshan base, Qingshan base)

Base price: up 200 yuan/t

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.