JFE Steel raises price of 400 series cold-rolled stainless steel for Oct
Time:Fri, 15 Oct 2021 04:57:29 +0800
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JFE Steel, the second-largest steel manufacturer in Japan, raised its price of 400 series cold-rolled stainless steel by 10,000 yen/ton for October, under the consideration that the contract price of high-carbon ferrochrome had a quarter-on-quarter increase of 15% in the fourth quarter.
The upward adjustment in the 400 series price was the third time since April and August this year. The total increase during the April-October period was around 55,000 yen.
