- Japan’s leading manufacturer Nippon Stainless Steel Corporation (NSSC) has raised stainless steel CRC prices by JPY 5,000/t ($33/t) for Dec’24.
- This marks the first price hike for nickel-based products since Jun’24.
- The increase also reflects higher raw material costs due to the depreciation of the JPY against the US dollar.
- Prices of chromium-based products remained unchanged.
Japan: NSSC hikes stainless steel CRC prices by JPY 5,000/t ($33/t) for Dec’24
000/t ($33/t) for Dec’24 chromium-based stainless steel cold-rolled thin plates global steel market. Japan market Japan: NSSC hikes stainless steel CRCs prices by JPY 5 Japanese stainless steel producer Japanese steel manufacturer. nickel-based cold-rolled stainless steel Nippon Steel Stainless Steel Corp NSSC price increase December 2024 Raw material costs raw material price hike stainless steel market trends Stainless steel prices steel industry price adjustment yen depreciation
Leave a Reply