Baosteel has decided to raise its price of hot and cold rolled, hot-dip galvanized and color coating sheet by 600 yuan per ton and that of non GO silicon steel by 900 yuan per ton as a second batch of its three-stage pricing policy for September shipment, citing stronger demand from its downstream sectors thanks to the gradual recovery in the macro economy. The price of GO silicon steel remained unchanged. A monthly pricing system has been introduced by Baosteel to replace the previous mechanism on quarterly basis. To cater closer to changing markets, the group has further decided to announce the new round of its pricing policy in three stages, with the prices of the last batch to be unveiled at the end of August.