Ansteel raises its HRC list prices for Sept 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 raise the list prices of its carbon steel hot-rolled coils (HRC) by Yuan 50/tonne ($7.4/t) for domestic sales in September, according to the company's latest announcement on August 11.

One day 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 September, as Mysteel Global reported. Meanwhile, Bengang Steel Plates Co, the Shenzhen-listed arm of Bengang