China: Baosteel increases flat steel prices by $14/t m-o-m for Mar’25 sales

Baosteel, a Chinese steel giant, has increased HRC prices by RMB 100/t ($14/t) m-o-m for Mar’25 sales, according to BigMint’s sources. The company lifted prices amid volatile HRC prices on the Shanghai Futures Exchange following the Lunar New Year holidays. Moreover, hot-dip galvanised steel prices rose by RMB 100/t ($14/t).