Tag: China: Baosteel keeps HRC prices for Dec’25 sales

Baosteel, the world’s leading steel manufacturer, has kept HRC prices stable for Dec’25 sales. This marks the third consecutive month of unchanged pricing, driven by subdued domestic demand. Hot-dip galvanised prices also remained flat m-o-m. Moreover, China’s SHFE HRC futures displayed mixed movements this week, reflecting slow domestic steel demand.