Author: Nabeera
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China: Baosteel raises flat steel prices by $7/t m-o-m for Sep’26 sales
Price hike reflects expectations of seasonal demand recovery Weak orders and cautious buying limit immediate upside Baosteel has raised its domestic hot-rolled coil (HRC) and hot-dip galvanised iron (HDGI) prices by RMB 50/t ($7/t) m-o-m for September 2026 sales. The increase appears to be based on expectations of improved downstream restocking and buying activity as…