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NSSC cuts prices of 300-series wire rods for Sept-Nov

Source: Mysteel Sep 22, 2022 12:00
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Stainless Wire Rod Company Global Price
Nippon Steel Stainless Steel Corp (NSSC), Japan's largest stainless producer under Nippon Steel, has decided to cut its list prices of 300-series stainless wire rods for the second period by another Yen 50,000/tonne ($347/t) for domestic sales over September-November, mainly to reflect the drop in nickel prices, but the company will keep its 400-series rod prices unchanged.
NSSC had shortened the contract period to two months since March-April contract as an emergency measure amid the turmoil on global nickel market, but the company decided to roll it back to three months since September, according to a company official.   NSSC's final list prices for 300-series stainless wire rods

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