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Taigang Stainless cuts stainless list prices for May

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Reportedly, Taigang Stainless, the largest stainless producer in China announced to cut the list prices of its stainless steel products by another RMB200~RMB600/ton for May deliveries, in response to weak nickel prices and sluggish demand.

The company decided to cut the list prices of 304 grade hot rolled coils by RMB200/ton and to reduce the list prices of 304 grade cold rolled coils by RMB500/ton for May.

In addition, the company decreased the list prices of 430 grade cold rolled coils by RMB600/ton for May.
News Date 17 Apr 2012 10:34:43 reported by Nann Cheng

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