Stainless Cold Sheet Price to Up by 20,000 yen/t in Tokyo

摘要

Market price of nickel series stainless cold rolled flat steel price is likely to increase by 20,000 yen to 340,000-350,000 yen per tonne for SUS304 grade base size around Tokyo. The distributors try to increase the reselling price when the makers increase the selling price to cover higher nickel price at London Metal Exchange. The distributors started the gradual price hike negotiation with users.