China’s major steel producer Baosteel has further increased domestic prices steeply for Jan ’21 shipments on the back of higher domestic market prices and demand amid strong performing futures market. As per company’s official publication, the list price for HRC shall be increased by RMB 400/t ($61), CRC and HDGI by RMB 500/t ($76) and heavy plate by RMB 300/t ($46).
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