It’s reported that Taigang Stainless, the largest stainless steel producer in China announced to remain its export prices for 304 grade stainless coils unchanged for October deliveries due to stable market.
After the announcement, its export prices for 304 grade hot rolled coils with thickness of 3mm and cold rolled coils with thickness of 2 mm are at USD 2,900 per tonne and USD 3,050 per tonne FOB respectively.
Meanwhile, earlier last week, Baosteel Stainless also announced to remain its export prices for stainless coils flat for shipments until early October.
Source – yieh
Zhejiang Yaang Pipe Industry Co., Limited (www.nctv.net)