Chinese mill Baosteel announces its stainless steel export offers

Friday, 12 July 2013 15:25:49 (GMT+3)   |   Istanbul
       

Chinese steelmaker Baosteel has announced its export stainless steel export prices for orders placed in July. Accordingly, due to the $1,000 mt decline in nickel prices over the month, Baosteel has cut its 304 grade stainless steel coil prices by $100/mt as compared to June order prices, while it has kept its 430 series prices unchanged over the same period.
 
The offers, which are for August shipments, are as follows:

 

Product

Price ($/mt) FOB

Price changes

304 HRC

2,150

-100

304 CRC

2,350

-100

430 HRC

1,260

0

430 CRC

1,420

0


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