Chinese steelmakers Taigang and Baosteel have announced their export stainless steel list prices for April shipments. Accordingly, Baosteel has kept its prices stable as compared to price levels for March shipments, while Taigang has revised its austenitic material prices upward by $30/mt. Meanwhile, sources also report that the mills may give certain discounts on their list prices.
The producers' base prices for April shipments are as follows:
Producer | Product | Price ($/mt) FOB | Price changes |
Taigang | 304 hot rolled coil (HRC) | 2,350 | +30 |
304 cold rolled coil (CRC) | 2,480 | +30 | |
430 HRC | 1,260 | - | |
430 CRC | 1,390 | - | |
304 HRC | 2,250 | - | |
304 CRC | 2,450 | - | |
430 HRC | 1,260 | - | |
430 CRC | 1,420 | - |