It's reported that Baosteel Stainless, the second largest stainless producer in China announced to raise its export prices for austenitic stainless steel coils by US$50/ton in order to reflect higher nickel prices. After the adjustment, the company's export prices for 304 grade hot rolled coils with thickness of 3mm are at US$2,250/ton; those for 304 grade cold rolled coils with thickness of 2mm are US$2,450/ton FOB. However, Taigang Stainless, the largest stainless maker in China remained its export prices unchanged.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67710&division=A1
