Chinese mill Baosteel has decreased its export stainless steel list prices by $100/mt for December shipments compared to its previous prices for November shipments amid fluctuating nickel prices and weak demand.
Accordingly, the producer's 304 2B 2 mm stainless cold rolled coil (CRC) prices are at $2,800/mt FOB, while its 304 2B 3 mm stainless hot rolled coil (HRC) prices are now at $2,600/mt FOB.