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

Share with colleagues

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!

This article contains additional premium content.
Please start a free trial to read the full text. If you already have a subscription, please log in.

Start free trial

Enter your business E-Mail-address to get the full article as PDF.

Top Trending News

2024-09-03
Nickel Market Report: Current Trends and Future Outlook

2024-08-31
European stainless steel market enters price decrease phase

2024-08-25
China aims to close loopholes in steel capacity growth

2024-08-17
Two Tsingshan’s projects on the way

2024-08-14
Nickel Pig Iron: the devil’s work or manna from heaven?

Back to all news

Latest News

2024-09-18
Stainless Steel Executive of Year Award goes to Ratan Jindal at SMR conference in Rome

2024-09-17
Stainless steel output stable in China in August

2024-09-17
SMR Stainless Steel Conference breaks new records in Rome 2024

2024-09-15
China files WTO complaint over Canadian steel, aluminium and EV taxes

2024-09-13
Freight rates continue their steep decline in September