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NSSC raises 300-series price on higher nickel, stronger yen

September 02, 2010 - 08:10 GMT Location: Shanghai

KEYWORDS: NSSC , stainless steel

Nippon Steel and Sumikin Stainless Steel (NSSC), Japan's biggest stainless producer, has raised its export offers on 300-series by about $100.

Rising nickel prices and stronger yen were the main factors supporting an increase, a company spokesman said. The stronger Japanese currency in the last month has squeezed margins for the country's exporters. "Our export volume have not been...

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