China: Baosteel raises HRC list price by $47/t for June '21 delivery

China: Baosteel increases HRC price by RMB 300 ($46) for Apr ’21 delivery

China’s leading steelmaker- Baosteel has released its flat steel product list prices today for Apr ’21 delivery. As per company’s official publication, the list price for HRC and heavy plates has been increased by RMB 300/t ($46), CRC by RMB 100/t ($15). However, galvanized products remain unchanged. Possible export rebate cuts and strong futures resulted in increase in HRC prices.


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