It’s reported that the Baosteel Stainless announced to remain its list prices for 304 grade hot rolled coils (HRC) and cold rolled coils (CRC) unchanged at RMB15,200/ton and RMB16,300/ton respectively for November, including 17% VAT. Also, the company remained its list prices for 430 grade CRC with thickness of 2mm unchanged at RMB9,400/ton, 17% VAT included. The company stated that it decided to keep its prices unchanged for November as the stainless market prices and raw material prices had remained stable.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66850&division=A1
