Copying and distributing are prohibited without permission of the publisher

Taigang lifts stainless export offers by $50

February 08, 2010 - 06:35 GMT Location: Shanghai

KEYWORDS: China , Taigang , export , stainless , steel

China's Taigang Stainless Steel has raised export offers by $50 per tonne despite recent falls in nickel prices.

Taigang's new offers are $2,950 per tonne fob for Grade 304 cold rolled coil and $2,800 per tonne fob for hot rolled coil. "Taigang's prices are not attractive compared with others. And [South Korean] local demand is not improving at all," said a South Korean...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.


subscribe to this feed Comment & analysis

  • LORD COPPER: Glencore-Xstrata will be a merger of more-than-equals

    Glenstrata, X-Core, Davenberg, Mivan? Whatever the result of the Glencore-Xstrata merger is to be called, finding a name is an inevitable step after the IPO.

  • COMMENT: Glenstrata still has to break the mould

    The news that Glencore and Xstrata are in merger talks would only come as a surprise to someone living under a rock, and only then if said rock did not contain any valuable minerals. But now that talks of a tie-up of the world’s largest metals trader and its fourth largest miner have finally moved into the boardroom, hypothetical questions have become real, and the answers are far from certain.

  • APEX FULL YEAR 2011: Base metal forecasts: astounding accuracy

    Astounding upon astounding: that is how the 2011 leaderboard for Apex, the Metal Bulletin service that tracks the performance of over twenty top base metal price forecasters, appears when you consider it coldly.

Upcoming Events