China: Baosteel raises HRC list price by RMB 300/t ($47) for June delivery

China’s leading steel producer, Baosteel has announced its carbon flat steel price list today for June delivery.

According to the official publication, the list price of-

• HRC surged by RMB 300/t ($47)
• Heavy plate prices increased by RMB 400/t ($62)
• CRC spiked by RMB 650/t ($101)
• Hot-dipped galvanized moved up by RMB 350/t ($54)