China: Baosteel increases flat steel prices by RMB 200-260/t ($29-37) for Sep ’20

Baoshan Iron & Steel (Baoshan Steel) has announced an increase in its domestic sales list prices for carbon steel hot-rolled coil (HRC) for Sep ’20 deliveries. The quantum of increase for HRC is RMB 200/t ($29), Heavy plate – RMB 200/t ($29), and Hot Dipped Galvanized – RMB 260/t ($37).