Chinese Taigang Stainless cuts export prices

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Publish time: 16th January, 2013      Source: ChinaCCM
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It's reported that Taigang Stainless, the largest stainless steel producer in China announced to cut its export prices for 304 grade stainless coils by US$50/ton for the shipments between February and end of March.

However, its rival Baosteel hiked its export prices for 304 grades by US$50/ton since the firm expected positive outlook for the stainless steel market and raw material prices rose.