Taigang Stainless, the largest stainless steel producer in China announced to remain its export prices for austenitic stainless coils unchanged for November deliveries.
After the announcement, its export prices for 304 grade hot rolled coils with thickness of 3mm and cold rolled coils with thickness of 2mm are at US$2,350/ton and US$2,480/ton FOB respectively.
Industry sources said that Taigang Stainless’ price are high in the market but the discounts of US$100~US$200/ton are possible, depending on order volumes.
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