Ansteel raises its HRC list prices for August sales by $7/t

Angang Steel Co (Ansteel), the Shenzhen-listed arm of China's second-largest steelmaker Ansteel Iron & Steel Group, has decided to mark up the list prices of its carbon steel hot-rolled coils (HRC) by Yuan 50/tonne ($7.4/t) for domestic sales in August, according to the company's latest announcement on July 13.

Three days earlier, Baosteel, the listed arm of the world's top steelmaker China Baowu Steel Group, had also declared it was raising the list prices of its major steel flats, including HRC, by Yuan 50/t for domestic sales in August, as Mysteel Global has reported. After domestic hot coil prices peaked on May