Yieh United Steel Cuts Stainless Steel Price on Tumbling Nickel Price

Published: Sep 1, 2015 09:35

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Yieh United Steel Corp. reduced sales prices of #300 stainless steel products for September, chinatimes.com reported.

SHANGHAI, Sept. 1 (SMM) – Yieh United Steel Corp. reduced sales prices of #300 stainless steel products for September, chinatimes.com reported.

The cut, down 2,500 yuan per tonne for domestic sales, and $80 per tonne for exports, was due mainly to the recent sharp declines in nickel market.

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