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Japanese NSSC settles FeCr prices for Q1--The 15th China(Guangzhou)Int'l Stainless Steel Industry Exhibition
12/26/2013 不锈钢展-Stainless Steel Industry Exhibition |
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Nippon Steel & Sumikin Stainless Steel (NSSC), the largest stainless steel producer has settled the import prices for high carbon ferrochrome with South African producers at 126 cent/lb. CIF for the first quarter of 2014, rising by 4.6% from a quarter ago.
In fact, NSSC expected South African producers to reduce prices or remain prices flat.
However, the South African producers request to raise prices as they believe the prices for fourth quarter are at bottom. Besides, as power costs have increased in South Africa, it pushed up the ferrochrome producers’ input costs.
Thus, NSSC finally accepts price rise for the first quarter of 2014.
不锈钢展-2014第十五届广州国际不锈钢工业展-效果最好的不锈钢展会-
The 15th China(Guangzhou)Int''l Stainless Steel Industry Exhibition
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