SteelOrbis Shanghai
Ningbo Baoxin Stainless Steel has issued its July ex-factory prices for cold rolled stainless steel products.
The prices of the 304 and 321 series have decreased RMB 8,000/mt ($1,054/mt) compared to June levels. Following this reduction, SUS304/2B 2.0 mm coil is now priced at RMB 38,400/mt ($5,059/mt), while 321/2B 2.0 mm coil costs RMB 48,500/mt ($6,390/mt).
The 316L series has dropped RMB 5,000/mt ($659/mt) in price compared to June. As a result, ASTM316L/2B 2.0 mm is now priced at RMB 66,800/mt ($8,801/mt).
Finally, the price of the 430 series has decreased by RMB 3,000/mt ($395/mt). The new price of SUS430/2B 2.0 mm is RMB 13,300/mt ($1,752/mt).
The above prices include 17 percent VAT.