Taigang Stainless, the largest stainless steel producer in China released its list prices for September. The company decided to hike the price for 304 grade cold rolled and hot rolled stainless steel products by RMB1,500/ton and RMB1,200/ton respective for September. After the adjustment, its ex-work prices for 304 grade cold rolled coils/sheets with thickness 2.0mm are at RMB17,600/ton; those for 304 grade hot rolled coils/plates with thickness of 3.0mm-12.0mm are at RMB16,800/ton. Meanwhile, Taigang Stainless remained its list prices for 430 grade stainless steel prices unchanged for September.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65975&division=A1
