China Taigang Stainless Steel raised export prices of $ 300 per ton, while still offering a discount of $ 100 for volume orders more than 500 tons.
New offer from Taigang is $ 2900 per ton FOB in the x / c steel grade 304 and $ 2750 per ton FOB on g / to steel.
«It seems that Taigang raised prices because of the relative improvement in sales in the Chinese domestic market, although it also offers discounts to boost sales," — said the South Korean importer.
Taiwan's Yieh United Steel Corp. (Yusco) in the third week of January raised the export prices of stainless steel by $ 30 because of rising commodity prices.
The company raised its export prices for x / c steel grade 304 2B 2 mm up to $ 2800−2850 per ton CFR for non-island part of China and South Korea compared to $ 2770−2870 per tonne two weeks ago.
Export prices for the c / c steel from Yusco about $ 100 lower than at x / c.
On the x / c steel grade 403 export prices in the third week of January is for traders to $ 1390 per tonne CFR for non-island part of China and South Korea compared to $ 1380 per tonne two weeks ago, and for businesses — $ 1390 per ton, compared with $ 1380.