Indonesia: Tsingshan lifts 304 stainless steel export prices by $55/t
Indonesia's Tsingshan Holding Group increased 304-grade stainless steel export prices by $55/t, effective 27 Apr'26, citing higher nickel input costs following Indonesia's tighter mining quotas and revised ore pricing mechanism (HPM). The latest increase reflects firmer sentiment across the nickel and stainless steel markets, as tightening ore availability and higher upstream costs continue to support offers.