On August 17, major Chinese steelmaker Hebei Iron and Steel Group issued its prices for carbon steel flat products for delivery in September.
The producer has decided to raise its local base prices for steel plate and hot rolled coil (HRC) by RMB 150/mt ($22/mt) and RMB 200/mt ($29/mt), while increase its prices for pickled products, cold rolled coil (CRC), hot dip galvanized (HDG) and pre-painted galvanized iron (PPGI) by RMB 300/mt ($44/mt) for September, SteelOrbis has learned.
Previously on August 10, major Chinese steelmaker Baosteel decided to raise its local base prices for hot rolled coil (HRC) by RMB 200/mt for September.
$1 = RMB 6.9325
