China's cancellation of 13% tax rebate on exports for stainless steel has stimulated Tsingshan Holding Group in Indonesia to start a continuous price rise USD200 a ton.
The LME nickel price was stimulated by the capital reset and the price rapid grow over US$18,000/ton.
How to move on China’s export company? Do they still have price advantage when tax rebate cancelled? Compared with Tsingshan Indonesia’s price, China’s price isn’t very competitve on raw materials, but still competitve on process products, such as colored, No.4, circles,strips and so on.
Hongwang’s colored stainless steel products are still very competitve and it will be more competitve and better quality in future.
201 STAINLESS STEEL INTRODUCTION J1/J2/J3/J4/J5
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