Author: Drishya Yadav
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Japan: Cold-rolled stainless steel market in grip of uncertainty as nickel prices jump
Uncertainty is increasing in the store sales market for nickel-based stainless cold-rolled thin sheets. At the same time, domestic prices continued to rise along with the price of imported material. The Sus304 sheet has increased by JPY 140,000/t ($1,151.60/t) since the fall of 2020. It is inevitable that prices will reach the mid JPY 500,000/t…