SteelOrbis Shanghai
Zhejiang Province-based Ningbo Baoxin Stainless Steel has issued its September ex-factory prices for cold rolled stainless steel products.
The prices of the 304 and 321 series increase RMB 800/mt ($106/mt) from the level of August. Thus, SUS 304/2B 2.0 mm coil costs RMB 32,400/mt ($4,286/mt), while 321/2B 2.0 mm coil rises to RMB 42,500/mt ($5,629/mt).
The 316L series remains unchanged in price. ASTM316L/2B 2.0 mm coil still stands at RMB 62,800/mt ($8,318/mt).
Finally, the price of the 430 series has been raised by RMB 600/mt ($79/mt). The new price of SUS 430/2B 2.0 mm coil is RMB 12,900/mt ($1,709/mt).
The above prices include 17 percent VAT and are effective as of September 1.