Tag: Hyundai steel raises HRC prices

South Korean steel giant Hyundai Steel has reportedly announced a hike in the list price of hot rolled coils (HRCs) by WON 50,000/tonnes (t) ($43/t) for Sept’21 shipments. The hike has been triggered by the higher raw material prices and mismatched supply and demand conditions, according to SteelDaily. Further, the company also increased the selling…