[Ferro-Alloys.com]Taigang Stainless, the largest stainless producer in China, has announced to leave its contract prices for 300 grade stainless steel flat for August 2012 deliveries.

After the price announcement, its contract prices for 304 grade hot rolled coils with thickness of 3mm to 12mm are at CNY 18,400 per tonne; that for 304 grade cold rolled coils with 2B finish and thickness of 2mm is at CNY 18,900 per tonne respectively.

Meanwhile, Taigang Stainless has continued not offering subsidies to the stockiest for August 2012.

However, Taigang Stainless decided to hike the contract prices for 430 grade by CNY 100 per tonne for August 2012.