Reportedly, Taigang Stainless, the largest stainless steel producers in China planned to increase its export price by US$10/ton for July shipment.

After prices adjustment, the export prices for 430 grade cold rolled and hot rolled stainless steel were list at US$1,490/ton and US$ 1,360/ton respectively, higher than the prices in a month ago.

Meanwhile, the 304 grades cold rolled and hot rolled stainless steel were quoted at US$2,650/ton and US$2,520/ton which remained unchanged