Chinese steelmakers Taiyuan Iron and Steel (TISCO) and Baosteel have announced their export stainless steel list prices for June orders. Accordingly, TISCO has cut its stainless steel coil prices by $50/mt as compared to price levels for May orders, while Baosteel has kept its prices unchanged over the same period.
The offers, which are for August shipments, are as follows:
Producer |
Product |
Price ($/mt) FOB |
Price changes |
304 hot rolled coil (HRC) |
2,470 |
-50 |
|
304 cold rolled coil (CRC) |
2,600 |
-50 |
|
430 HRC |
1,310 |
- |
|
430 CRC |
1,440 |
- |
|
304 HRC |
2,250 |
- |
|
304 CRC |
2,450 |
- |
|
430 HRC |
1,260 |
- |
|
430 CRC |
1,420 |
- |