China's Baosteel keeps main product prices unchanged for Aug

BEIJING, July 11 Thu Jul 10, 2014 11:33pm EDT

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BEIJING, July 11 (Reuters) - China's Baoshan Iron and Steel (Baosteel) said on Friday it will keep its major product prices for August delivery unchanged from July.

Steel consumption is seasonally weaker in China during the summer months that start from June as construction activity thins, extending a slow period for the steel sector and prompting big producers to curb output. (Reporting by Judy Hua and Fayen Wong; Editing by Prateek Chatterjee)

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