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China’s Benxi Iron & Steel Group announced to raise its prices on certain products for January.
The company will hike its prices for HRC, CRC and galvanized steel products by RMB150~400/ton.
Accordingly, its prices for Q235 hot rolled coils with thickness of 5.5mm will be at RMB2,190/ton; those for DC01 cold rolled coils with thickness of 1mm are at RMB2,650/ton, up by RMB400/ton from December.
Besides, the company’s price of DC51D galvanized steel coil will be at RMB2,980/ton, increasing by RMB150/ton. The above prices do not include taxes and will become effective for January shipments.
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