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Home»Explore industries/sectors»Iron and Steel»Angang Steel Price Hike: Hot-Rolled Coils Up 50 Yuan/Tonne in August 2026 – News and Statistics
Iron and Steel

Angang Steel Price Hike: Hot-Rolled Coils Up 50 Yuan/Tonne in August 2026 – News and Statistics

By IslaJuly 18, 202612 Mins Read
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Jul 17, 2026

Ansteel, a unit of Ansteel Iron & Steel Group and the second-largest steelmaker in China, has increased its domestic pricing for hot-rolled carbon steel coils by 50 yuan per tonne ($7 per tonne) for August deliveries relative to the prior month. BigMint reported this development, referencing the firm’s official statement.

Previously, Baosteel also raised prices for major flat steel items, including hot-rolled coils.

Mysteel data shows that domestic hot-rolled steel prices hit a high on 11 May at 3,498 yuan per tonne (roughly $516 per tonne). By 14 July, however, they had dropped by about $26 per metric tonne from that level. This downturn stems mainly from weak consumer demand during the typical summer slowdown. Leading Chinese steel producers are now pushing prices upward to revive the market.

Bengang Steel Plates, part of the Bengang Group, likewise announced a 50 yuan per tonne hike for hot-rolled steel for August sales.

Meanwhile, Vietnamese mill Formosa Ha Tinh Steel, within a week of its last hot-rolled steel price reduction, introduced extra discounts of $7 to $9 per tonne on hot-rolled steel for bulk orders. This offer covers domestic deliveries for August and September and applies to large orders of 20,000 tonnes or more. Buying activity in Vietnam remains subdued at present.

Interactive table based on the Store Companies dataset for this report.


# Company Headquarters Focus Scale Note
1 Baowu Steel Group (Baoshan Iron & Steel) Shanghai Flat hot-rolled coils World’s largest steelmaker Leading state-owned conglomerate
2 HBIS Group (Hebei Iron and Steel) Shijiazhuang, Hebei Hot-rolled coils, plates Top 3 global producer Major state-owned steel group
3 Shagang Group Zhangjiagang, Jiangsu Hot-rolled coils, plates Largest private steelmaker Major private producer
4 Ansteel Group (Angang Steel) Anshan, Liaoning Hot-rolled steel coils Major state-owned producer Key producer in Northeast China
5 Shougang Group Beijing Hot-rolled coils, sheets Major state-owned producer Historically significant producer
6 Jiangsu Shagang Zhangjiagang, Jiangsu Hot-rolled steel coils Large private steelmaker Core entity of Shagang Group
7 Benxi Iron and Steel (Bengang) Benxi, Liaoning Hot-rolled coils, plates Major regional producer Part of Benxi Steel Group
8 Maanshan Iron and Steel (Magang) Maanshan, Anhui Hot-rolled steel coils Major regional producer Part of Baowu Group
9 Rizhao Steel (Shandong Steel Rizhao) Rizhao, Shandong Hot-rolled coils Large coastal producer Part of Shandong Steel Group
10 Shandong Iron and Steel Group Jinan, Shandong Hot-rolled coils Major state-owned producer Consolidated provincial group
11 Jianlong Group Beijing Hot-rolled steel products Large private steelmaker Major private conglomerate
12 Fangda Steel Nanchang, Jiangxi Hot-rolled coils Major private producer Part of Fangda Group
13 Valin Steel (Hunan Valin) Loudi, Hunan Hot-rolled coils Major regional producer Key producer in Central China
14 Xinyu Iron and Steel Xinyu, Jiangxi Hot-rolled steel coils Major regional producer Part of Fangda Group
15 Liuzhou Iron and Steel (Liugang) Liuzhou, Guangxi Hot-rolled coils Major regional producer Key producer in South China
16 Taiyuan Iron and Steel (TISCO) Taiyuan, Shanxi Hot-rolled coils, stainless Major stainless producer Part of Baowu Group
17 Nanjing Iron and Steel (Nangang) Nanjing, Jiangsu Hot-rolled steel coils Major private producer Part of Shagang Group
18 Inner Mongolia Baotou Steel Baotou, Inner Mongolia Hot-rolled coils, plates Major regional producer Key producer in Northern China
19 Zhongtian Iron and Steel Changzhou, Jiangsu Hot-rolled steel products Large private producer Part of Zhongtian Steel Group
20 Delong Steel (Xintai) Xingtai, Hebei Hot-rolled coils Major private producer Key Hebei-based producer
21 Jinxi Iron and Steel Huludao, Liaoning Hot-rolled coils Regional producer Part of Jianlong Group
22 Sansteel Minguang (Fujian Sansteel) Sanming, Fujian Hot-rolled coils Major regional producer Key producer in Southeast China
23 Shanxi Jianbang Group Linfen, Shanxi Hot-rolled steel coils Regional private producer Private steelmaker in Shanxi
24 Zhongyang Steel Linyi, Shandong Hot-rolled coils Regional private producer Private steelmaker in Shandong
25 Yongyang Steel Tangshan, Hebei Hot-rolled steel coils Regional private producer Private Hebei-based mill
26 Qian’an Steel (Qian’an Zongheng) Qian’an, Hebei Hot-rolled coils Regional private producer Private Hebei-based mill
27 Jinbei Iron and Steel Changzhi, Shanxi Hot-rolled coils Regional producer Steel producer in Shanxi
28 Guofeng Iron and Steel Weifang, Shandong Hot-rolled steel coils Regional private producer Private steelmaker in Shandong
29 Xinjiang Bayi Steel Urumqi, Xinjiang Hot-rolled coils Major regional producer Key producer in Northwest China
30 Kunming Iron and Steel (Kunsteel) Kunming, Yunnan Hot-rolled coils Major regional producer Key producer in Southwest China

This report provides a comprehensive view of the flat hot-rolled steel coils industry in China, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.

Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the flat hot-rolled steel coils landscape in China.

Quick navigation

Key findings

  • Domestic demand is shaped by both household and industrial usage, with trade flows linking local supply to imports and exports.
  • Pricing dynamics reflect unit values, freight costs, exchange rates, and regulatory shifts that affect sourcing decisions.
  • Supply depends on input availability and production efficiency, creating a distinct national cost curve.
  • Market concentration varies by segment, creating different competitive landscapes and entry barriers.
  • The 2035 outlook highlights where capacity investment and demand growth are most aligned within the country.

Report scope

The report combines market sizing with trade intelligence and price analytics for China. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.

  • Market size and growth in value and volume terms
  • Consumption structure by end-use segments
  • Production capacity, output, and cost dynamics
  • Trade flows, exporters, importers, and balances
  • Price benchmarks, unit values, and margin signals
  • Competitive context and market entry conditions

Product coverage

  • Prodcom 24103110 – Flat-rolled products of iron or non-alloy steel, of a width . .600 mm, simply hot-rolled, not clad, plated or coated, in coils
  • Prodcom 24103310 – Hot-rolled flat products in coil for rerolling of a width of .600 mm or more, of stainless steel
  • Prodcom 24103320 – Other hot-rolled flat products in coil of a width of .600 mm or more, of stainless steel
  • Prodcom 24103410 – Hot-rolled flat products in coil for rerolling of a width of less than .600 mm, of stainless steel
  • Prodcom 24103420 – Other hot-rolled flat products in coil of a width of less than .600 mm, of stainless steel
  • Prodcom 24103510 – Flat-rolled products, of tool steel or alloy steel other than stainless steel, of a width . .600 mm, not further worked than hot-rolled, in coils (excluding products of high-speed or siliconelectrical steel)

Country coverage

Country profile and benchmarks

This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for China. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.

Methodology

The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.

  • International trade data (exports, imports, and mirror statistics)
  • National production and consumption statistics
  • Company-level information from financial filings and public releases
  • Price series and unit value benchmarks
  • Analyst review, outlier checks, and time-series validation

All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.

Forecasts to 2035

The forecast horizon extends to 2035 and is based on a structured model that links flat hot-rolled steel coils demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in China.

  • Historical baseline: 2012-2025
  • Forecast horizon: 2026-2035
  • Scenario-based sensitivity to income growth, substitution, and regulation
  • Capacity and investment outlook for major producing companies

Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.

Price analysis and trade dynamics

Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.

  • Price benchmarks by country and sub-region
  • Export and import unit value trends
  • Seasonality and calendar effects in trade flows
  • Price outlook to 2035 under baseline assumptions

Profiles of market participants

Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.

  • Business focus and production capabilities
  • Geographic reach and distribution networks
  • Cost structure and pricing strategy indicators
  • Compliance, certification, and sustainability context

How to use this report

  • Quantify domestic demand and identify the most attractive segments
  • Evaluate export opportunities and prioritize target destinations
  • Track price dynamics and protect margins
  • Benchmark performance against leading competitors
  • Build evidence-based forecasts for investment decisions

This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of flat hot-rolled steel coils dynamics in China.

FAQ

What is included in the flat hot-rolled steel coils market in China?

The market size aggregates consumption and trade data, presented in both value and volume terms.

How are the forecasts to 2035 built?

The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.

Does the report cover prices and margins?

Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.

Which benchmarks are included?

The report benchmarks market size, trade balance, prices, and per-capita indicators for China.

Can this report support market entry decisions?

Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.

  1. 1. INTRODUCTION

    Report Scope and Analytical Framing

    1. Report Description
    2. Research Methodology and the Analytical Framework
    3. Data-Driven Decisions for Your Business
    4. Glossary and Product-Specific Terms
  2. 2. EXECUTIVE SUMMARY

    Concise View of Market Direction

    1. Key Findings
    2. Market Trends
    3. Strategic Implications
    4. Key Risks and Watchpoints
  3. 3. DOMESTIC MARKET SIZE AND DEVELOPMENT PATH

    Market Size, Growth and Scenario Framing

    1. Market Size: Historical Data (2012-2025) and Forecast (2026-2035)
    2. Growth Outlook and Market Development Path to 2035
    3. Growth Driver Decomposition
    4. Scenario Framework and Sensitivities
  4. 4. CATEGORY SCOPE, DEFINITIONS AND BOUNDARIES

    Commercial and Technical Scope

    1. What Is Included and How the Market Is Defined
    2. Market Inclusion Criteria
    3. Product / Category Definition
    4. Exclusions and Boundaries
    5. Distinction From Adjacent Products and Substitute Categories
  5. 5. CATEGORY STRUCTURE, SEGMENTATION AND PRODUCT MATRIX

    How the Market Splits Into Decision-Relevant Buckets

    1. By Product Type / Configuration
    2. By Application / End Use
    3. By Customer / Buyer Type
    4. By Channel / Business Model / Technology Platform
    5. Segment Attractiveness Matrix
    6. Product Matrix and Segment Growth Logic
  6. 6. DOMESTIC DEMAND, CUSTOMER AND BUYER ARCHITECTURE

    Where Demand Comes From and How It Behaves

    1. Consumption / Demand: Historical Data (2012-2025) and Forecast (2026-2035)
    2. Demand by End-Use and Buyer Group
    3. Demand by Customer / Consumer Segment
    4. Purchase Criteria, Switching Logic and Adoption Barriers
    5. Replacement, Replenishment and Installed-Base Dynamics
    6. Future Demand Outlook
  7. 7. DOMESTIC PRODUCTION, SUPPLY AND VALUE CHAIN

    Supply Footprint and Value Capture

    1. Production in the Country
    2. Domestic Manufacturing Footprint
    3. Capacity, Bottlenecks and Supply Risks
    4. Value Chain Logic and Margin Pools
    5. Distribution and Route-to-Market Structure
  8. 8. IMPORTS, EXPORTS AND SOURCING STRUCTURE

    Trade Flows and External Dependence

    1. Exports
    2. Imports
    3. Trade Balance
    4. Import Dependence
    5. Sourcing Risks and Resilience
  9. 9. PRICING, PROMOTION AND COMMERCIAL MODEL

    Price Formation and Revenue Logic

    1. Domestic Price Levels and Corridors
    2. Pricing by Segment / Specification / Channel
    3. Cost Drivers and Margin Logic
    4. Promotion, Discounting and Procurement Patterns
    5. Revenue Quality and Commercial Levers
  10. 10. COMPETITIVE LANDSCAPE AND PORTFOLIO POWER

    Who Wins and Why

    1. Market Structure and Concentration
    2. Competitive Archetypes
    3. Segment-by-Segment Competitive Intensity
    4. Portfolio Breadth and Product Positioning
    5. Capability Matrix
    6. Strategic Moves, Partnerships and Expansion Signals
  11. 11. DOMESTIC MARKET STRUCTURE AND CHANNEL LOGIC

    How the Domestic Market Works

    1. Core Demand Centers
    2. Local Production and Distribution Roles
    3. Channel Structure
    4. Buyer and Procurement Architecture
    5. Regional Imbalances Within the Country
  12. 12. GROWTH PLAYBOOK AND MARKET ENTRY

    Commercial Entry and Scaling Priorities

    1. Where to Play
    2. How to Win
    3. Distributor / Partner / Direct Entry Options
    4. Capability Thresholds
    5. Entry Risks and Mitigation
  13. 13. WHERE TO PLAY NEXT: MOST ATTRACTIVE GROWTH OPPORTUNITIES

    Where the Best Expansion Logic Sits

    1. Most Attractive Product Niches
    2. Most Attractive Customer Segments
    3. White Spaces and Unsaturated Opportunities
    4. High-Margin and Underpenetrated Pockets
    5. Most Promising Product Adjacencies
  14. 14. PROFILES OF MAJOR COMPANIES

    Leading Players and Strategic Archetypes

    1. Leading Manufacturers and Suppliers
    2. Production Footprint and Capacities
    3. Product Portfolio and Segment Focus
    4. Pricing Positioning and Indicative Price Logic
    5. Channel / Distribution Strength
    6. Strategic Archetypes
  15. 15. METHODOLOGY, SOURCES AND DISCLAIMER

    How the Report Was Built

    1. Modeling Logic
    2. Source Register
    3. Publications, Regulatory and Industry References
    4. Analytical Notes
    5. Disclaimer

Loading News content from Store report…

Baowu Steel Group (Baoshan Iron & Steel)

Leading state-owned conglomerate

HBIS Group (Hebei Iron and Steel)

Major state-owned steel group

Shagang Group

Major private producer

Ansteel Group (Angang Steel)

Key producer in Northeast China

Shougang Group

Historically significant producer

Jiangsu Shagang

Core entity of Shagang Group

Benxi Iron and Steel (Bengang)

Part of Benxi Steel Group

Maanshan Iron and Steel (Magang)

Part of Baowu Group

Rizhao Steel (Shandong Steel Rizhao)

Part of Shandong Steel Group

Shandong Iron and Steel Group

Consolidated provincial group

Jianlong Group

Major private conglomerate

Fangda Steel

Part of Fangda Group

Valin Steel (Hunan Valin)

Key producer in Central China

Xinyu Iron and Steel

Part of Fangda Group

Liuzhou Iron and Steel (Liugang)

Key producer in South China

Taiyuan Iron and Steel (TISCO)

Part of Baowu Group

Nanjing Iron and Steel (Nangang)

Part of Shagang Group

Inner Mongolia Baotou Steel

Key producer in Northern China

Zhongtian Iron and Steel

Part of Zhongtian Steel Group

Delong Steel (Xintai)

Key Hebei-based producer

Jinxi Iron and Steel

Part of Jianlong Group

Sansteel Minguang (Fujian Sansteel)

Key producer in Southeast China

Shanxi Jianbang Group

Private steelmaker in Shanxi

Zhongyang Steel

Private steelmaker in Shandong

Yongyang Steel

Private Hebei-based mill

Qian’an Steel (Qian’an Zongheng)

Private Hebei-based mill

Jinbei Iron and Steel

Steel producer in Shanxi

Guofeng Iron and Steel

Private steelmaker in Shandong

Xinjiang Bayi Steel

Key producer in Northwest China

Kunming Iron and Steel (Kunsteel)

Key producer in Southwest China

Loading Reviews content from Store report…

Loading Dashboard content from Store report…

Loading Macro Indicators content from Store report…



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