Tag: oversupply situation

Japan Metal Daily: Nippon Steel Stainless Steel has announced a price reduction for stainless steel wire rods for the domestic market, effective for contracts from September to November 2024 (October to December rolls). Prices of nickel (SUS304) will decrease by JPY 45,000/tonne (t) ($316/t), while prices of chrome (430) will drop by JPY 5,000/t ($35/t).…