{"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":{"_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-72309","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-2026-07-16T163312.128.jpg?fit=1280%2C720&ssl=1?v=1784197998",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?resize=150%2C150&ssl=1?v=1784197998",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?fit=300%2C169&ssl=1?v=1784197998",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?fit=640%2C360&ssl=1?v=1784197998",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?fit=640%2C360&ssl=1?v=1784197998",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?fit=1280%2C720&ssl=1?v=1784197998",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?fit=1280%2C720&ssl=1?v=1784197998",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?resize=1115%2C715&ssl=1?v=1784197998",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?resize=800%2C500&ssl=1?v=1784197998",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?fit=1024%2C576&ssl=1?v=1784197998",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?resize=540%2C340&ssl=1?v=1784197998",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?resize=400%2C250&ssl=1?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:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T163312.128.jpg?fit=1280%2C720&ssl=1?v=1784197998","jetpack-related-posts":[{"id":60189,"url":"https:\/\/biztrend24.com\/?p=60189&lang=en","url_meta":{"origin":72309,"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. Furthermore, prices\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121601.059.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121601.059.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121601.059.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121601.059.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121601.059.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":68126,"url":"https:\/\/biztrend24.com\/?p=68126&lang=en","url_meta":{"origin":72309,"position":1},"title":"China: Baosteel rolls over HRC prices m-o-m for Jul&#8217;26 sales","author":"Biz Trend 24","date":"June 11, 2026","format":false,"excerpt":"Baosteel, the world's leading steel producer, has maintained its domestic HRC prices unchanged m-o-m for Jul'26 sales amid subdued domestic demand. The price rollover comes amid a decline in SHFE HRC futures, with the Oct'26 contract falling by RMB 122\/t ($18\/t) m-o-m to RMB 3,369\/t ($497\/t) as of 10 June\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153453.476.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153453.476.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153453.476.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153453.476.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153453.476.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":71540,"url":"https:\/\/biztrend24.com\/?p=71540&lang=en","url_meta":{"origin":72309,"position":2},"title":"China: Baosteel raises flat steel prices by $7\/t m-o-m for Aug&#8217;26 sales","author":"Biz Trend 24","date":"July 12, 2026","format":false,"excerpt":"Rising input costs prompt mill to increase selling prices Weak seasonal demand continues to limit buying activity Baosteel, the world'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. 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