Japan: NSSC cuts prices of cold-rolled thin sheets for Nov'24 contracts
Japan Metal Daily: Nippon Steel Stainless Steel has announced a price reduction for nickel-based cold-rolled thin sheets by JPY 5,000/t ($35/t), effective for Nov'24 contracts. Domestic demand remains weak, but sectors such as housing equipment and commercial kitchens show growth. Export pressure from oversupply, particularly from China, continues, prompting calls for trade remedial measures.