{"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":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-71540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"featured_image_urls":{"full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?v=1783854104",1280,720,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2-150x150.jpg?v=1783854104",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2-300x169.jpg?v=1783854104",300,169,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2-768x432.jpg?v=1783854104",640,360,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2-1024x576.jpg?v=1783854104",640,360,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?v=1783854104",1280,720,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?v=1783854104",1280,720,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2-1115x715.jpg?v=1783854104",1115,715,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2-800x500.jpg?v=1783854104",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2-1024x576.jpg?v=1783854104",1024,576,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2-540x340.jpg?v=1783854104",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2-400x250.jpg?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:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-23-2.jpg?v=1783854104","_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/71540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71540"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/71540\/revisions"}],"predecessor-version":[{"id":71542,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/71540\/revisions\/71542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/71541"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}