Tag: LME nickel impact on stainless steel

300 series up JPY 20,000/t for fifth straight month Rising alloy, logistics, labour costs weigh on margins SteelDaily: Nippon Steel has announced a price increase for its February contracts covering cold-rolled (CR) and medium-thick stainless steel plates for distribution, citing higher alloy costs and mounting manufacturing expenses. The move aims to secure profitability amid sustained…