| News & Trends | ||
| Japanese SS mills pending price negotiation with Asian buyers - 20 Nov, 2008 | ||
|
It is reported that the price negotiations between Japanese stainless mills and Asian distributors and re rollers are still pending. It is difficult for mills to publish their prices due to big changes in the exchange rates, consecutive decreases in the LME nickel price, and reduction of global stainless steel output. However, the buyers are also taking a wait and seeing attitude. Some of China's main stainless steel mills have not announced their November 2008 price but they did cut CNY 6,000 to CNY 8,000 per tonne to lessen the price difference. Moreover, due to the depreciation of the Euro, European stainless steel manufacturers are not currently selling to the Asian market. (Sourced from YIEH.corp) | ||
| News And Trends | ||
 | Indian iron ore spot prices decline last week | |
|
| Indian iron ore spot prices decline last week | |
|
| Indian iron ore spot prices decline last week | |
