China: Baosteel raises HRC prices by $14/t m-o-m for Mar’24

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Baosteel has increased HRC prices by RMB 100/t ($14/t) for Mar’24 sales, after keeping flat in Feb’24, according to BigMint sources. In addition, thick plate prices also increased by RMB 100/t ($14/t) m-o-m. Prices rose amid increased offers from competition like Japan’s Tokyo steel.