Author: Nabeera

Rising coking coal prices increase steelmaking costs Demand pick-up expectations in Oct support price hike Baosteel, the world’s leading steel producer, has increased its domestic hot-rolled coil (HRC) prices by RMB 200/t ($30/t) m-o-m for October 2026 sales, amid higher raw-material costs and expectations of a gradual improvement in demand during the traditional “Golden September…