Korean And Taiwanese Offering Price 3,650 dollars C&F for Ni Series Cold Disappeared

摘要

In response to nickel price recovery of LME to the 12 dollars range per pound, an offering price of 3,650 dollars C&F of Ni series of cold rolled stainless sheets/coils by POSCO, Korea and YUSCO, Taiwan disappeared for the Asian market this week. The mills seem to turn into a wait-and-see attitude, and it is focused whether they will offer at the 3,850 dollars range when reopened. The Japanese mills keep watching the situation for one month not following the Korean mills' reduction in price but they are going to offer at the 3,950 dollars range to China next week.