Ansteel hikes HRC list prices by $29/t for April sales

Angang Steel Co (Ansteel), the Shenzhen-listed arm of China's second-largest steelmaker Ansteel Iron & Steel Group, has decided to raise the list prices of its carbon steel hot-rolled coils (HRC) by Yuan 200/tonne ($29/t) for domestic sales in April, according to the company's latest announcement on March 11.

Three days earlier on Monday, Baosteel, the listed arm of the world's top steelmaker China Baowu Steel Group, had declared it was lifting the list prices of its major steel flats, including HRC, by Yuan 200/t for domestic sales in April, as Mysteel Global has reported. Meanwhile, Bengang Steel Plates Co, the