It’s reported that Taigang Stainless, the largest stainless steel producer in China announced to cut its 304 grade stainless steel export prices by US$30/ton for September.
After adjustment, its export prices for 304 grade cold rolled stainless steel are at US$2,450/ton FOB; those for 304 grade hot rolled stainless steel are at US$2,320/ton FOB.
However, the company remained its 430 grades cold rolled and hot rolled stainless steel export prices unchanged at US$1,410/ton FOB and US$1,310/ton FOB.
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