It’s reported that Baosteel Stainless and Ningbo Baoxin Stainless Steel, the two subsidiaries of the Chinese steel giant Baosteel Group released its export prices for May recently.
It’s learned that Baosteel Stainless decided to cut its export prices for 304 grades hot rolled (HR) and cold rolled (CR) stainless steel products by US$100/ton respectively.
Meanwhile, Baosteel Stainless remained its export prices for 430 grades HR and CR stainless steel products unchanged for May.
At the same time, Ningbo Baoxin Stainless Steel announced to cut its export prices for 304 grades CR stainless steel products by US$100/ton while it remained its export prices for 430 grades CR stainless steel products flat for May.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64531&division=A1
