Aluminum Copper Lead

Nippon Steel Stainless Steel adjusts stainless steel wire rod contract prices

Nippon Steel Stainless Steel Co., Ltd. recently announced the adjustment of the contract price of stainless steel wire rods signed from September to November 2022 (shipped from October to December): SUS304 nickel-based product will drop by JPY50,000/t (USD346/t), while SUS430 chromium-based product will remain unchanged. This is another reduction in the contract price of its nickel-based products after the reduction in July-August, and the price contract period recovers from two months to three months.