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 February this year.
The three producers have decided to keep their local base prices stable for hot rolled coil (HRC), cold rolled coil (CRC), hot dip galvanized (HDG) and rebar, while they have decided to raise their local base prices by RMB 50/mt ($7/mt) for non-grain-oriented silicon steel and wire rod, all for delivery in February.
