Tag: China: Baosteel rolls over HRC prices for Jan’25 sales

Baosteel, the world’s leading steel manufacturer, has kept HRC prices stable m-o-m for Jan’25 sales. Notably, this stability in pricing marks a continuation from the previous revision, where tags were kept unchanged. Additionally, hot-dip galvanised prices remained flat m-o-m. Furthermore, China’s SHFE HRC futures showed a mixed trend this week due to weak domestic demand…