Tag: China: Baosteel continues to keep HRC prices stable for third consecutive month in Feb’25

Baosteel, the world’s leading steel manufacturer, kept HRC prices stable for the third consecutive month. Prices remained unchanged for Feb’25 sales amid subdued domestic demand. Hot-dip galvanised prices also remained flat m-o-m. Furthermore, China’s SHFE HRC futures showed mixed trends this week due to tepid domestic demand in the steel market.