Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to remain its list prices for ferritic and austenitic stainless steel sheets and plates unchanged for May deliveries. It’s known that NSSC decided to cut its alloy surcharges for 300 grades stainless steel sheets by ¥5,000/ton for May due to lower nickel prices but it increased the base prices by ¥5,000/ton because of depreciated Japanese Yen.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63884&division=A1
