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 September this year.
The three producers have decided to raise their local base prices by RMB 200/mt ($28/mt) for hot rolled coil (HRC), wire rod and rebar, while increasing their local base prices by RMB 300/mt ($42/mt) for acid pickling plate, cold rolled coil (CRC), hot dip galvanized (HDG) and non-grain-oriented silicon steel, all for delivery in September. At the same time, Bengang and Lingyuan Steel have decided to raise their local base prices by RMB 230/mt ($32/mt) for special steel, for delivery in September.
$1 = RMB 7.135
