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East Asian stainless prices up on healthier bookings amid nickel gains
July 04, 2014 - 08:27 GMT
London Metal Exchange
East Asian stainless steel prices edged upwards slightly in the later part of this week as a result of a surge in the nickel market and healthy bookings.
Metal Bulletin sister title Steel First assessed prices for
August shipments of benchmark 304 stainless 2mm cold rolled
coil at $2,730-2,930 per tonne cif East Asian port on Friday
July 4, up $10-30 per tonne from a week ago. Market
participants reported steady bookings...
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Euromoney Institutional Investor PLC.
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