It’s reported that Baosteel Stainless, one of the major stainless steel producers in China released its list prices for April.

The company decided to cut its list prices for 304 grade cold rolled and stainless steel products by RMB800/ton and it decreased the prices for 304 grade hot rolled stainless steel products by RMB400/ton.

Meanwhile, Baosteel Stainless remained its list prices for other stainless steel products unchanged for April.

After the adjustment, the company’s list prices for 304 grade cold rolled stainless steel products are at RMB18,100/ton; those for 304 grade hot rolled stainless steel products are at RMB16,800/ton; those for 430 grade cold rolled stainless steel product are at RMB10,000/ton.