Chinese steelmakers Taigang and Baosteel have announced their export stainless steel list prices for January deliveries, keeping them mostly unchanged as compared to price levels for December shipments, though Taigang has decreased its ferritic product prices by $50/mt. Market sources also report that the mills may give some discounts on their list prices.
The base prices, which are for January shipments, are as follows:
Producer |
Product |
Price ($/mt) FOB |
Price changes |
Taigang |
304 hot rolled coil (HRC) |
2,320 |
- |
304 cold rolled coil (CRC) |
2,450 |
- |
|
430 HRC |
1,260 |
-50 |
|
430 CRC |
1,390 |
-50 |
|
304 HRC |
2,200 |
- |
|
304 CRC |
2,400 |
- |
|
430 HRC |
1,260 |
- |
|
430 CRC |
1,420 |
- |