Trade Resources Economy Taigang Stainless Raises Its Export Prices for 400 Grades Stainless Steel Products

Taigang Stainless Raises Its Export Prices for 400 Grades Stainless Steel Products

Taigang Stainless, the largest steelmaker in China announced to raise its export prices for 400 grades stainless steel products by US$10/ton for July delivery, in order to reflect higher ferrochrome prices. After the adjustment, its export prices for 430 grades cold rolled coils and hot rolled coils are at US$1,490/ton FOB and US$1,360/ton FOB respectively, rising by US$10/ton from a month ago. It’s learned that the prices of lump chrome ore offered by overseas suppliers have increased since late April due to tight supply in spot market.

 

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64465&division=A1
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Taigang Stainless Increases Export Prices of 400 Grades Stainless Steel
Topics: Metallurgy