Tag: China: Baosteel rolls over HRC prices for April’24

Baosteel has rolled over HRC and CRC prices for April’24 sales, after increasing in March’24, according to BigMint sources. Prices remained flat amid low domestic demand. However, prices for hot-dip galvanized (DQ level) has increased by RMB 100/t ($14/t). Furthermore, China’s SHFE HRC futures showed a mixed trend post-Chinese Lunar New Year holidays.