Tsingshan Raises 304 Stainless Steel Export Prices Again

Indonesia-based Tsingshan has announced another increase in its 304 stainless steel export prices.
The adjustment was released in mid-January 2026 and applies to overseas shipments.

This is not the first change this month.
In fact, Tsingshan has already adjusted prices several times since early January.

According to market feedback, the latest increase is around US$50 per metric ton.
Compared with prices at the start of the month, total gains now reach roughly US$140 per ton.

Cost Pressure Remains the Main Reason

Nickel prices remain firm in the international market.
Recent LME data shows nickel trading close to US$17,600 per ton.

Although price movements have slowed, overall levels stay high.
For stainless steel producers, this keeps production costs under pressure.

At the same time, nickel ore supply remains tight.
This limits room for price reductions across the stainless steel chain.

Under these conditions, Tsingshan stainless steel prices continue to move upward.
Mills are clearly focused on protecting margins rather than expanding volume.

Buyer Sentiment Turns More Cautious

Market response has been mixed.
Some buyers accept the new prices, while others remain hesitant.

Several traders report slower order discussions.
Repeated price increases make forward planning more difficult for end users.

In some regions, buyers prefer short-term purchases.
Long-term contracts are being delayed until prices stabilize.

Still, Tsingshan remains a key supplier in the global market.
Its pricing decisions often influence wider stainless steel trade flows.

Outlook for the Coming Weeks

Whether prices rise again will depend on raw material trends.
Nickel movements and real demand will be closely watched.

If costs stay high, further adjustments cannot be ruled out.
Buyers should remain flexible in sourcing strategies.

For importers and distributors, working with reliable partners is essential.
Platforms such as lyhsteel.com help buyers track market changes and secure stable supply under volatile conditions.

FAQ

Q1: Why are Tsingshan stainless steel prices rising repeatedly?

Mainly due to high nickel costs and ongoing raw material pressure.

Q2: How much have prices increased in January 2026?

Total increases are about US$140 per ton compared with early January.

Q3: Which product is affected by this adjustment?

The increase mainly applies to 304 stainless steel export prices.

Q4: Are buyers still placing orders at current levels?

Some buyers proceed cautiously, while others delay purchases.

Q5: Could prices fall in the near term?

A clear decline would require lower nickel prices or weaker demand.