It’s reported that the Chinese steel giant Baosteel announced to remain its export prices for austenitic stainless steel coils unchanged for February as the nickel prices increase recently.

The company has kept its stainless steel export prices flat for two months in a row.

After the announcement, its export prices for 304 grade hot rolled coils with thickness of 3mm and cold rolled coils with thickness of 2mm are about US$2,660/ton and US$2,860/ton respectively.