On June 30, the decline of stainless steel spot prices slowed down. The base price of 304 from private companies in Wuxi and Fozhan stood at 17,200 yuan/mt. The prices of hot-rolled coil (HRC) were quoted at 16,950 yuan/mt and the average price of #201 cold-rolled products rose by 250 yuan/mt while the 430 prices were flat.
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Metal News & Events
Metal news
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Steel Mills Jointly Held the Prices Firm and the Spot Prices Rose
01 Jul 2022 Steel -
Iranian steel production and exports drop in May amid Ukraine conflict
01 Jul 2022 Steel -
Production-linked incentives: Deadline to apply for specialty steel PLI extended to July 31
01 Jul 2022 Steel -
Coal, Coke, Iron Ore and Steel Scrap Procurement Cost Reversed the Upward Trend in May
30 Jun 2022 Steel -
Turkey announces duties on steel imports from OIC countries
30 Jun 2022 Steel -
Steel demand will grow at robust pace this decade: Sajjan Jindal
30 Jun 2022 Steel -
Metinvest may cut steel production in Ukraine due to limited ability to export, local media says
29 Jun 2022 Steel -
Hyundai Steel applies AI, big data in ‘Smart Enterprise’
29 Jun 2022 Steel -
U.S. Steel Plant Trump ‘Saved’ Slated to End Steelmaking Forever
29 Jun 2022 Steel -
University Of Warwick: UK Closer To Net-Zero Steel Thanks To New WMG And Tata Steel Partnership
29 Jun 2022 Steel -
Iron ore climbs one-week high on China demand hopes, easing COVID curbs
28 Jun 2022 Steel -
Domestic steel majors cut production as demand falls
28 Jun 2022 Steel -
Major Iranian steel company says cyberattack thwarted
28 Jun 2022 Steel -
China extends anti-dumping tariffs on EU, UK steel fasteners imports
28 Jun 2022 Steel -
Moody’s changes Tata Steel’s outlook to positive from stable
28 Jun 2022 Steel
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