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East Asian stainless steel prices up on nickel gains
January 17, 2014 - 06:36 GMT
East Asia’s stainless steel offers picked up this week tracking gains in the nickel market, but bookings further weakened as a result of the increase.
Benchmark 304 stainless cold rolled coil was offered at
$2,320-2,450 per tonne cif East Asian port this week, up $40-50
per tonne from last week’s prices. "We raised our
offers tracking the strong nickel performance,"...
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Euromoney Institutional Investor PLC.
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