Chinese steelmaker Taiyuan Iron and Steel (TISCO) has announced its export stainless steel list prices for May shipments. Accordingly, the producer has kept its ferritic prices stable as compared to price levels for April deliveries, while it has revised its austenitic material prices upward by $70/mt. Meanwhile, sources also report that the mill may give certain discounts on its list prices.
The base prices, which are for May shipments, are as follows:
Product | Price ($/mt) FOB | Monthly price changes |
2,550 | +70 | |
2,420 | +70 | |
1,390 | - | |
1,260 | - |