SteelOrbis has learned that Chinese stainless steel producer Taiyuan Iron and Steel Co. (TISCO) has increased its export offers for 304 grade stainless steel coils by $50/mt for February shipments.
Accordingly, TISCO's offers for 304 grade stainless steel hot rolled coils (HRC) are now standing at $2,620/mt FOB, while its offers for 304 grade stainless steel cold rolled coils (CRC) are at $2,800/mt FOB.
In the meantime, the mill's offers for 430 grade stainless steel HRC are still standing at $1,270/mt FOB, while its offers for 430 grade stainless steel CRC are at $1,400/mt, with both prices remaining unchanged since August.
China’s TISCO pushes up 304 grade stainless steel coil export offer prices
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