Liaoning Province-based Chinese steelmakers Anshan Iron and Steel, Benxi Iron and Steel (Bengang) and Ansteel Group Lingyuan Iron and Steel Co., Ltd. (Lingyuan Steel) have issued their prices for steel products for delivery in March this year.
The three producers have decided to raise their local base prices by RMB 100/mt ($14/mt) for hot rolled coil (HRC), cold rolled coil (CRC), hot dip galvanized (HDG) rebar, non-grain-oriented silicon steel and wire rod, all for delivery in March.