Category: Stainless Steel
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Japan: Nippon Steel cuts nickel-based stainless prices amid lower alloy costs
Steelmaker cuts stainless wire rod prices Lower nickel prices drive revisions Japan’s Nippon Steel has reduced prices for nickel-based stainless steel products, including wire rods and flat products, for September-November contracts, reflecting lower nickel and other alloy costs. The latest revisions mark the first quarterly reduction for nickel-based and chromium-based wire rods in several quarters,…