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Ansteel Has Notified Price Increase of Hot-Rolled Steel Coils (HRC)

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Add date: 2016-11-30 Hits:96

Core prompt: According to media report that Chinese state-run Anshan Iron & Steel Group (Ansteel), the second largest steel maker in Mainland China has notified price increase of hot-rolled steel coils (HRC)

According to media report that Chinese state-run Anshan Iron & Steel Group (Ansteel), the second largest steel maker in Mainland China has notified price increase of hot-rolled steel coils (HRC) by US$21/ton and US$11/ton for its cold-rolled steel sheets for December shipment.

Ansteel's price rise follows the price raise announcement made by Wuhan Iron & Steel and Baosteel, the leading steel mills in China.

It is expected that other Chinese mills will also follow suit to hike the steel prices accordingly.

keywords: Chinese Ansteel, Iron&Steel, Steel Prices

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