Reportedly, Baosteel Stainless, the second largest stainless producer in China announced to remain its export prices for austenitic stainless steel coils unchanged for January.
After the announcement, its export offer prices for 304 grade hot rolled coils with thickness of 3mm and cold rolled coils with thickness of 2mm remained flat at US$2,250/ton FOB and US$2,450/ton FOB China respectively.
Meanwhile, Baosteel's sales volumes improved in December as compared to November because buyers had placed orders in mid-December.