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China stainless mills raise prices by $219 on higher nickel

February 23, 2010 - 06:34 GMT Location: Shanghai

KEYWORDS: China , stainless , steel , price

China's major stainless mills have raised list prices by up to 1,500 yuan ($219) per tonne for the week between February 23-March 1, reflecting the rise in nickel prices during the Chinese New Year holiday.

This is the first time Chinese mills have raised list prices since the week of January 19. Shanxi Taigang Stainless Steel increased grade 304 2B 2mm list prices by 1,500 yuan to 24,620 yuan per tonne for cold rolled coil, and 23,120 yuan for hot rolled coil. It also raised...

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