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China’s Ningbo Baoxin to release domestic stainless steel prices

Ningbo Baoxin Stainless Steel, the subsidiary of the Chinese steel giant Baosteel Group released its domestic prices for June.

The company’s 304 2B 2 mm CR stainless steel price is at CNY 23,200 per tonne and that of 304L is at CNY 23,700 per tonne.

Baoxin’s price of 316L 2B 2 mm CR stainless steel price is at CNY 32,400 per tonne and that of 430 2B 2mm CR stainless steel price remained at CNY 12,500 pe rtonne.

Baosteel Stainless, the second largest stainless producer in China also announced to hike its domestic prices for 304 grade stainless steel by CNY 3,500 per tonne for June in order to reflect higher input costs

Source – yieh.com

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