{"id":71540,"date":"2026-07-12T17:01:50","date_gmt":"2026-07-12T11:01:50","guid":{"rendered":"https:\/\/biztrend24.com\/?p=71540"},"modified":"2026-07-12T17:01:50","modified_gmt":"2026-07-12T11:01:50","slug":"china-baosteel-raises-flat-steel-prices-by-7-t-m-o-m-for-aug26-sales","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=71540&lang=en","title":{"rendered":"China: Baosteel raises flat steel prices by $7\/t m-o-m for Aug&#8217;26 sales"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Rising input costs prompt mill to increase selling prices<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Weak seasonal demand continues to limit buying activity<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Baosteel, the world&#8217;s leading steel producer, has raised its domestic hot-rolled coil (HRC) and hot-dip galvanised iron (HDGI) prices by RMB 50\/t ($7\/t) m-o-m for August 2026 sales.<\/p>\n<p>The price hike is likely to have been driven by higher raw material costs, primarily due to a sharp increase in metallurgical coke prices, which rose by RMB 184\/t ($27\/t) m-o-m to RMB 1,736\/t ($256\/t) exw Tangshan, Hebei, in June, even as coking coal prices remained stable m-o-m at around RMB 1,550\/t ($229\/t) Ex-Changzhi, Shanxi.<\/p>\n<p>However, downstream demand remained subdued amid high temperatures and persistent rainfall, with buying activity across key steel-consuming sectors continuing to be weak, indicating that the increase was largely cost-driven rather than supported by any meaningful improvement in market fundamentals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rising input costs prompt mill to increase selling prices Weak seasonal demand continues to limit&#8230;<\/p>\n","protected":false},"author":1,"featured_media":71541,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[313],"tags":[],"class_list":["post-71540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?fit=1280%2C720&ssl=1?v=1783854104",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?resize=150%2C150&ssl=1?v=1783854104",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?fit=300%2C169&ssl=1?v=1783854104",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?fit=640%2C360&ssl=1?v=1783854104",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?fit=640%2C360&ssl=1?v=1783854104",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?fit=1280%2C720&ssl=1?v=1783854104",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?fit=1280%2C720&ssl=1?v=1783854104",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?resize=1115%2C715&ssl=1?v=1783854104",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?resize=800%2C500&ssl=1?v=1783854104",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?fit=1024%2C576&ssl=1?v=1783854104",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?resize=540%2C340&ssl=1?v=1783854104",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?resize=400%2C250&ssl=1?v=1783854104",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?fit=1280%2C720&ssl=1?v=1783854104","jetpack-related-posts":[{"id":60189,"url":"https:\/\/biztrend24.com\/?p=60189&lang=en","url_meta":{"origin":71540,"position":0},"title":"China: Baosteel raises HRC prices by $29\/t for Apr&#8217;26 sales","author":"Biz Trend 24","date":"March 10, 2026","format":false,"excerpt":"Baosteel, the world's leading steelmaker, has increased its HRC prices by RMB 200\/t ($29\/t) m-o-m for Apr'26 sales compared with prices in March. This price rise is due to an increase in SHFE HRC futures by RMB 21\/t ($3\/t) m-o-m to RMB 3,262\/t ($471\/t) as on 9 March. 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