© Nippon Steel
© Nippon Steel

Nippon Steel hikes stainless steel cold-rolled coil prices on higher costs and output cuts

2024-06-10 Producer News, Market News, Price News Asia
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The key Japanese stainless steel producer NSSC voiced the sharpest rise in nickel-based cold-rolled sheets from January 2023. It was a cost-driven decision, while production cuts supported the hike.
Nippon Steel Stainless Steel (NSSC) announced a JPY 25,000/t (USD 159/t) hike in the price of SUS304 (nickel-based) CR thin sheets for June contracts. It was the fourth consecutive increase since March this year. Over this period, the overall rise amounted to JPY 75,000/t (USD 478/t). Continue Reading? Please click box below!

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