NSSC raises contract prices of stainless steel wire rods for Sep-Nov 2021

NSSC announced on September 21 to lift its prices of stainless steel wire rods under the contract signed from September to November 2021 (delivered from October to December). Specifically, prices for SUS304 nickel series stainless steel were increased by JPY35,000/t (USD318/t) and SUS430 chrome series stainless steel were increased by JPY10,000/t (USD90.97/t).Asian Metal Copyright Specifically, prices for SUS304 nickel series stainless steel were increased by JPY35,000t USD318t and SUS430 chrome series stainless steel were increased by JPY10,000t USD90.Asian Metal Copyright It was the fifth consecutive quarter for nickel series wire rod prices to go up, while it was the third consecutive quarter for chrome series wire rods to rise.Asian Metal CopyrightNSSC announced on September 21 to lift its prices of stainless steel wire rods under the contract signed from September to November 2021 delivered from October to December.Asian Metal Copyright In addition to the alloy surcharge, the base price is adjusted again seven quarters after the contract of December 2019-February 2020. Since the contract of September-November 2020, nickel series wire rod prices were increased by a total of JPY120,000/t (USD1,092/t).
.Asian Metal Copyright It was the fifth consecutive quarter for nickel series wire rod prices to go up, while it was the third consecutive quarter for chrome series wire rods to riseAsian Metal Copyright