Yusco will announce its latest list prices on Feb 26th and probably have a chance to hike around US$35~50/ton in order to reflect high production cost.
Although the nickel price drops sharply in recent weeks, the market demand is still the key factor to support the stainless steel prices.
Until last week, the monthly average price of nickel was around US$18004/ton in LME, up by US$540/ton from January. Therefore, the mill indicates it would not decrease the stainless steel prices for March for sure.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63190&division=A1
