It's reported that Taigang Stainless, the largest stainless steel producer in China announced to cut its 304 grade stainless steel export prices by US$30/ton for September. After adjustment, its export prices for 304 grade cold rolled stainless steel are at US$2,450/ton FOB; those for 304 grade hot rolled stainless steel are at US$2,320/ton FOB. However, the company remained its 430 grades cold rolled and hot rolled stainless steel export prices unchanged at US$1,410/ton FOB and US$1,310/ton FOB.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66349&division=A1
