Japan’s NSSC hikes stainless steel wire rod prices
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Update time : 2022-05-25 21:41:13
Nippon Steel Stainless Steel Corp (NSSC), the largest stainless steel producer in Japan, announced its price adjustment of stainless steel wire rods for May-June contract.
The price of nickel-based benchmark steel grade will be increased by 155,000 yen per ton, and that of chrome-based benchmark steel will be raised by 25,000 yen per ton. Both the alloy surcharge and base price were adjusted.
For the nickel-based stainless steel products, it was the largest price hike since the June-August contract price in 2007.
