Tag: automotive production
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Japan: Nippon Steel cuts 300 series stainless steel prices amid nickel decline, maintains 400 series rates
Steeldaily: Nippon Steel Stainless Steel Pipe Co., Ltd., (NSSC) headquartered in Chiyoda-ku, Tokyo, reduced prices for 300 series heavy-duty plates and cold-rolled stainless steel by JPY 20,000/t ($134/t), marking its first price cut in six months. This reduction is attributed to a drop in LME nickel prices. Earlier this year, NSSC had raised the 300…