Chinese steel giant
Baosteel has decreased its
stainless steel hot rolled coil (
HRC) export prices for October shipments, while the producer has maintained its
stainless steel cold rolled coil (
CRC) export prices unchanged as compared to last month.
Accordingly,
Baosteel is now offering 304 series
stainless steel
HRC to the export market at $2,400/mt FOB, down by $50/mt over the last month, while its offers for 304 series
stainless steel
CRC are at $2,700/mt FOB. In the meantime,
Baosteel's offers for 430 series
stainless steel
HRC have decreased by $20/mt since last month to $1,180/mt FOB and its 430 series
stainless steel
CRC export offers are at $1,400/mt FOB. All offers are for October shipments.