Chinese steelmakers Taigang and Baosteel have announced their export stainless steel list prices for February deliveries. Accordingly, Taigang has kept its prices unchanged as compared to price levels for January shipments, while Baosteel has increased its austenitic product prices by $50/mt over the same period. Market sources also report that the mills may give certain discounts on their list prices.
The base prices, which are for February shipments, are as follows:
Producer | Product | Price ($/mt) FOB | Price changes |
Taigang | 304 hot rolled coil (HRC) | 2,320 | - |
304 cold rolled coil (CRC) | 2,450 | - | |
430 HRC | 1,260 | - | |
430 CRC | 1,390 | - | |
304 HRC | 2,250 | +50 | |
304 CRC | 2,450 | +50 | |
430 HRC | 1,260 | - | |
430 CRC | 1,420 | - |