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Apr,18,2008 Taiyuan Iron and Steel Co.sets $214/ton stainless steel hike |
Good demand and increasing raw material costs have prompted China’s. Taiyuan Iron and Steel Co. to increase prices on stainless steel products.
Consequently 304 CR stainless steel coil price is increased by RMB1,500/ton (US$214), and the prices of 321 and 316 are remained unchanged.
The company’s price increase for 304 HR stainless steel coil was US$214/ton, and price of 316 HR is unchanged.
Tisco will lift its 304 HR plate by US$214/ton, and that for 316 NO.1 is unchanged |
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