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Japan's NSSC lifts 300-series CRC, plate prices by $172/t

ABSTRACT

Nippon Steel Stainless Steel Corp (NSSC), Japan's largest stainless producer, has decided to add Yen 20,000/tonne ($172/t) to its March list prices of 300-series cold-rolled coil (CRC) and plate for domestic distributors, mainly to shift higher nickel prices, according to a company official.
NSSC's latest decision was made through its alloy surcharge formula, and the rise in nickel prices over the past two months has forced the company to add Yen 20,000/t to its 300-series prices, though the ferrochrome prices during the same period stayed flat, according to the official.   The average nickel price

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