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Lisco cuts 201 grade stainless output

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China’s Lianzhong Stainless Steel (Lisco) has decided to have further cut on its 201 grade stainless production in July to sustain the current weak market.

The company said tight power supplies will cause the output in July to be lessened, and the company may raise its ex-work prices in August as production costs stay high.

Lisco's list price for 201 2B CRC stainless base was being quoted at RMB16,700/ton.
News Date 14 Jul 2008 10:46:02 reported by Elaine Chen

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