Home | Press | Events | Eshare
It's reported that Chinese Baosteel decided to raise its domestic prices of 304 grade hot rolled stainless steel products by RMB400/ton for March deliveries due to tight supply.It's known that the company remained the domestic prices of austenitic cold rolled stainless steel products and ferritic products unchanged for March shipments.According to the official of Baosteel, the company decided to raise the domestic prices of hot rolled stainless steel products as the low prices have resulted in fewer profits.Meanwhile, Taiyuan Iron&Steel Group (Tisco), the largest stainless producer in China has announced to hike the domestic prices of 304 grade hot rolled and cold rolled stainless steel products by RMB300/ton for March delivery.