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Lisco to stop offering 201 HR temporarily in November

8 Nov 2007 11:23 reported by Judy Lin

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China’s Lianzhong Stainless Steel (Lisco) said it will temporarily stop selling 201 hot rolled stainless in November due to the slow domestic market.

According to an official from the company, Lisco is used to sell more than 10,000 tons of 201 HR every month but only to cut down the sales this month. However, the company also lowers the supply of 201 cold rolled stainless steel to traders.

Recently the market for 200 series stainless in China remains weak with falling prices. Most traders still look down the market but some look forward to see improvement with such supply control strategies.

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