Tag: China: Baosteel lifts HRC prices by RMB 200/t ($29/t) m-o-m for Apr’23

China: Baosteel lifts HRC prices by RMB 200/t ($29/t) m-o-m for Apr’23

Mar 13, 2023

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by

Suyash Jain

in HRC

World’s top steel manufacturer, Baosteel, has lifted HRC prices by RMB 200/t ($29/t) m-o-m for Apr’23 sales, sources informed SteelMint. The company has increased prices for the fourth consecutive time in a row amid high production costs, rising global HRC prices and an increase in raw material prices.