Tag: Asian HRC market stabilizes as key producers announce price hikes
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Asian HRC market shows signs of bottoming out as major producers announce price hikes
Higher iron ore, coking coal costs squeeze mill profits Chinese major Baoshan announces hike for Mar’26 shipments Japan Metal Daily: The Asian hot rolled coil (HRC) market is showing clear signs of bottoming out as major regional players begin to push for higher prices. Vietnamese steel giant Hoa Phat led the movement this week, announcing…