Chinese mill Baosteel has adjusted its export stainless steel list prices for February shipments. Accordingly, the producer has reduced its 304 2B 2 mm stainless cold rolled coil (CRC) and 304 2B 2 mm stainless hot rolled coil (HRC) prices by $50/mt compared to price levels for January deliveries to $2,750/mt FOB and $2,550/mt FOB, respectively.
On the other hand, the Chinese mill's 430 2B 2 mm stainless CRC prices have remained unchanged at $1,450/mt FOB, while its 430 2B 2 mm HRC prices are still at $1,250/mt FOB, both for shipments in February.