Tisco hikes stainless steel export prices to South Korea

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Publish time: 19th August, 2011      Source: ChinaCCM
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It is reported that Taiyuan Iron & Steel Group (Tisco), the largest stainless steelmaker in China announced to increase the export prices of 300 series hot rolled (HR) stainless steel by US$50/ton to South Korea.

Meanwhile, the company remained the export prices of 300 series cold rolled (CR) stainless steel unchanged.

Industry sources indicated that the supply of HR stainless steel is tight in Chinese market due to product reduction. Thus, Tisco decided to raise its export prices of HR stainless steel