SteelGuru: "Tex reported that Japan's integrated steelmakers are set to watch how China's Baosteel Co Ltd will settle its domestic sales price of tinplate for shipments in the January to March quarter of 2009. There are forecasts that Baosteel will inform domestic customers November 20th at the earliest of its domestic prices of various steel products for shipments in the first quarter of next year.
At present, most of the world's steel transaction prices are way down. With tinplate bearing closely on foodstuff, though, market conditions for tinplate differ from those for other steel products such as commodity-grade HR coils, hot-dip galvanized sheets, and shapes. As a result, Japanese integrated steelmakers keep attention to how Baosteel will work out its domestic tinplate price for January-March shipments in 2009."
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