Chinese steelmaker Taiyuan Iron and Steel (TISCO) has announced its export stainless steel list prices for August shipments. Accordingly, the producer has kept its ferritic prices stable as compared to price levels for July deliveries, while it has revised its austenitic material prices downward by $150-170/mt over the same period. Buyers on the export side are cautious about concluding new bookings amid the fluctuating trend of nickel prices.
The base prices, which are for August shipments, are as follows:
Product |
Price ($/mt) FOB |
Monthly price changes |
304 2B 2 mm stainless CRC |
3,100 |
-150 |
304 2B 3 mm stainless HRC |
2,950 |
-170 |
430 2B 2 mm stainless CRC |
1,390 |
- |
430 2B 3 mm stainless HRC |
1,260 |
- |