Baosteel hikes HRC list prices by $14/t for August sales

Baoshan Iron & Steel Co (Baosteel), the listed arm of the world's top steelmaker China Baowu Steel Group, has decided to raise the list prices of its carbon hot-rolled coil (HRC) by Yuan 100/tonne ($14/t) for domestic sales in August, according to the company's latest pricing announcement issued on July 9.

Baosteel's price revision for August sales Source: Baosteel Baosteel had kept its HRC list prices unchanged for domestic sales over April-July, as Mysteel Global reported. Meanwhile, Baosteel's list prices of other major steel products such as cold-rolled coil (CRC), carbon steel plates, galvanized steel and non-grain oriented electrical steel have also been