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Large mills in liaoning province are raising local rolled steel prices by 100 yuan per ton from January 2025.

Large mills in liaoning province are raising local rolled steel prices by 100 yuan per ton from January 2025.

Chinese steel companies Anshan Iron and Steel, Benxi Iron and Steel (Bengang) and Ansteel Group lingyuan Iron and Steel Co., Ltd. (lingyuan Steel) of liaoning Province has published prices for steel products for delivery in January next year.

The three manufacturers have decided to raise their local reference prices by 100 yuan/t (US$14/t) for hot rolled coil (HRC) and wire rod, while they have decided to keep stable the local reference prices for rebar for delivery in January

At the same time, Anshan Iron and Steel and Bengang decided to raise their local base prices by 100 yuan/ton. ($14/t) for acid-etched, CRC, hot-dip galvanized (HDG) and non-oriented silicon steel plate, all delivered in January.

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