Industry News

Jiangsu Province's policy of differentiated electricity prices raises stainless steel production costs

Views : 195
Update time : 2021-03-12 22:08:18
Recently, the market circulated the notice of the Jiangsu Department of Ecology and Environment on the implementation of ultra-low emission differentiated electricity prices for steel enterprises.

The stainless steel mills involved in Jiangsu Province, such as Jiangsu Delong, Zhang Zhangjiagang Pohang Stainless Steel, and Lianyungang Huale Alloy Co., Ltd., all needed to implement a price increase standard of 0.3-1.8 cents/kWh.

According to preliminary estimation, the cost of stainless steel cold-rolled coil will increase by about RMB 20 per ton, while the cost of stainless steel hot-rolled coil will increase slightly by approximately RMB 15 per ton.

In the current situation where the profit of stainless steel is relatively meager, it will put a certain pressure on related enterprises.
Related News
Read More >>
Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March
Feb .26.2026
Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March
Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise
Feb .26.2026
Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Feb .26.2026
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Taiwan’s Tang Eng ups stainless steel prices for Mar Taiwan’s Tang Eng ups stainless steel prices for Mar
Feb .26.2026
Taiwan’s Tang Eng ups stainless steel prices for Mar