Chinese mill Baosteel has adjusted its export stainless steel list prices for June shipments. Accordingly, the producer has kept its ferritic prices stable as compared to price levels for May deliveries, while it has revised its austenitic material prices upward by $50/mt against the backdrop of increases in nickel prices. Meanwhile, sources also report that the mill may give certain discounts on its list prices.
The base prices, which are for June shipments, are as follows:
Product |
Price ($/mt) FOB |
Monthly price changes |
304 2B 2 mm stainless CRC |
2,550 |
+50 |
304 2B 3 mm stainless HRC |
2,350 |
+50 |
430 2B 2 mm stainless CRC |
1,420 |
- |
430 2B 3 mm stainless HRC |
1,260 |
- |