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Taigang Stainless hikes stainless steel export pri

It’s reported that Taigang Stainless, the largest stainless steel producer in China announced to hike export prices for 304 grade stainless steel coils by USD 200 per tonne for deliveries till end June.

After the adjustment, its export prices for 304 grade hot rolled coils with thickness of 3 mm and cold rolled coils with thickness of 2 mm are at USD 2,620 per tonne FOB and USD 2,750 per tonne FOB respectively.

The official of Taigang Stainless said that it’s necessary to raise prices as nickel prices have surged rapidly.


(www.steelguru.com)