It’s reported that Taigang Stainless, the largest stainless producer in China released its prices for domestic market for July.
The company decided to cut its domestic prices for 304 grade stainless coils with 2B and No.1 finish by RMB700/ton.
After the adjustment, its prices for 304 grades coils with thickness of 2mm, 2B finish and slit edge are at RMB16,100/ton; those for 304 grade coils with thickness of 3mm-12mm, No. 1 finish and slit edge are at RMB15,900/ton.
Meanwhile, Taigang Stainless remained its list prices for 430 grade medium heavy plates unchanged for July.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64974&division=A1
