Taigang Stainless, the largest stainless steel producer in China, has announced its price policy for December 2012.
It's learned that Taigang Stainless decided to cut its domestic prices for 304 grade stainless steel products including hot rolled and cold rolled sheets coils by CNY 900 per tonne for December 2012.
However, the firm did not explain the reason why it reduced the domestic prices substantially for austenitic stainless steel for December 2012.
Source:
http://www.steelguru.com/stainless_steel_news/Taigang_Stainless_cut_austenitic_stainless_steel_prices_for_Dec/292328.html
