Tag: Nippon steel stainless steel wire rod contract

Nippon Steel Stainless Steel is set to increase the base price of stainless steel wire rods for March to May contracts (April to June deliveries) by JPY 15,000/t ($99/t). This adjustment is attributed to the impact of rising nickel-chromium prices and a decrease in the alloy link portion. Specifically, the price of nickel (SUS304) will…