{"id":72309,"date":"2026-07-16T16:33:25","date_gmt":"2026-07-16T10:33:25","guid":{"rendered":"https:\/\/biztrend24.com\/?p=72309"},"modified":"2026-07-16T16:33:25","modified_gmt":"2026-07-16T10:33:25","slug":"china-ansteel-raises-hrc-prices-by-7-t-m-o-m-for-aug26","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=72309&lang=en","title":{"rendered":"China: Ansteel raises HRC prices by $7\/t m-o-m for Aug&#8217;26"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-pm-slice=\"1 1 []\">Baosteel raises HRC prices by $7\/t for Aug&#8217;26<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-pm-slice=\"1 1 []\">Price hikes signal mills&#8217; efforts to stabilise domestic market<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Angang Steel Co (Ansteel), the Shenzhen-listed arm of China&#8217;s second-largest steelmaker Ansteel Iron &amp; Steel Group, has decided to mark up the list prices of its carbon steel hot-rolled coils (HRC) by Yuan 50\/tonne ($7\/t) for domestic sales in August, according to the company&#8217;s latest announcement on July 13.<\/p>\n<p>Three days earlier, Baosteel, the listed arm of the world&#8217;s top steelmaker China Baowu Steel Group, had also declared it was raising the list prices of its major steel flats, including HRC, by Yuan 50\/t ($7\/t) for domestic sales in August, as Mysteel Global has reported.<\/p>\n<p>After domestic hot coil prices peaked on 11 May at Yuan 3,498\/t under Mysteel&#8217;s assessment, they have since fallen by Yuan 179\/t or around $26\/t, mainly due to persistently weak demand among end-users in the on-going summer lull. By July 14, the national spot price of Q235B 4.75mm HRC was at Yuan 3,319\/t including the 13% VAT.<\/p>\n<p>Against this backdrop, major Chinese steelmakers are adjusting upward their steel prices, hoping to bottom-out the domestic steel market, as reported.<\/p>\n<p>Meanwhile, Bengang Steel Plates Co, the Shenzhen-listed arm of Bengang Group and another leading flat-steel producer based in Liaoning, is also nudging up its HRC list prices for August sales by Yuan 50\/t, it announced on Monday.<\/p>\n<div class=\"x_elementToProof\"><i><span class=\"mark4z5dwiu6x\" data-markjs=\"true\" data-ogac=\"\" data-ogab=\"\" data-ogsc=\"\" data-ogsb=\"\" data-olk-copy-source=\"MessageBody\">Note<\/span>:<span class=\"markf3zz4v7z5\" data-markjs=\"true\" data-ogac=\"\" data-ogab=\"\" data-ogsc=\"\" data-ogsb=\"\">This<\/span><span class=\"markz4nj0m3je\" data-markjs=\"true\" data-ogac=\"\" data-ogab=\"\" data-ogsc=\"\" data-ogsb=\"\">article<\/span>\u00a0is published as part of a content exchange agreement between Mysteel Global and BigMint.<\/i><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Baosteel raises HRC prices by $7\/t for Aug&#8217;26 Price hikes signal mills&#8217; efforts to stabilise&#8230;<\/p>\n","protected":false},"author":1,"featured_media":72310,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-72309","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-2026-07-16T163312.128.jpg?v=1784197998",1280,720,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128-150x150.jpg?v=1784197998",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128-300x169.jpg?v=1784197998",300,169,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128-768x432.jpg?v=1784197998",640,360,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128-1024x576.jpg?v=1784197998",640,360,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?v=1784197998",1280,720,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?v=1784197998",1280,720,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128-1115x715.jpg?v=1784197998",1115,715,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128-800x500.jpg?v=1784197998",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128-1024x576.jpg?v=1784197998",1024,576,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128-540x340.jpg?v=1784197998",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128-400x250.jpg?v=1784197998",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-2026-07-16T163312.128.jpg?v=1784197998","_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72309","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=72309"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72309\/revisions"}],"predecessor-version":[{"id":72311,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72309\/revisions\/72311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/72310"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}