Baosteel hikes HRC list prices by $71/t for Nov sales

Baoshan Iron & Steel Co (Baosteel), the listed arm of the world's top steelmaker China Baowu Steel Group, has decided to hike the list prices of its carbon steel hot-rolled coils (HRC) by a large Yuan 500/tonne ($70.7/t) for domestic sales in November, according to the company's latest announcement on October 10.