Chinese steelmakers Taiyuan Iron and Steel (TISCO) and Baosteel have announced their export stainless steel list prices for June orders. Accordingly, TISCO has cut its stainless steel coil prices by $50/mt as compared to price levels for May orders, while Baosteel has kept its prices unchanged over the same period.
The offers, which are for August shipments, are as follows:
Producer | Product | Price ($/mt) FOB | Price changes |
304 hot rolled coil (HRC) | 2,470 | -50 | |
304 cold rolled coil (CRC) | 2,600 | -50 | |
430 HRC | 1,310 | - | |
430 CRC | 1,440 | - | |
304 HRC | 2,250 | - | |
304 CRC | 2,450 | - | |
430 HRC | 1,260 | - | |
430 CRC | 1,420 | - |