Baosteel's HRC list prices rise by $28/t for September sales

Baoshan Iron & Steel Co (Baosteel), the listed arm of the world's top steelmaker China Baowu Steel Group, has decided to raise its list prices for carbon hot-rolled coil (HRC) by Yuan 200/tonne ($27.8/t) for domestic sales in September, according to the company's latest pricing announcement issued on August 11.

Baosteel's price revision for September sales Source: Baosteel This marks the second month for Baosteel to raise its HRC list prices after the company lifted these by Yuan 100/t for local sales in August, as Mysteel Global reported. Meanwhile, Baosteel's list prices of other major steel products such as cold-rolled coil and