Baosteel hikes HRC list prices by $14/t for Jan '26 sales

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

Baosteel's recent price adjustments Source: Baosteel The January increase will be Baosteel's first for HRC list prices for local sales since September, Mysteel Global notes. A Shanghai-based analyst attributed the mill's decision to lift prices to the production cuts mills are making to tighten supply, and the domestic steel market's strong