East Asia's stainless steel prices flat amid yuan support

East Asia’s stainless steel prices remained steady over the past week with effects of a price drop in China’s domestic market being offset by a strengthening of the Chinese yuan.

Prices for February/March shipments of benchmark 304 stainless 2mm cold rolled coil were assessed at $2,200-2,230 per tonne cif East Asian ports on Friday January 20, unchanged from last week.

Prices for 304 stainless steel hot rolled sheet were assessed at $2,100-2,120 per tonne cif East Asia,...


Jessica Zong

January 20, 2017

05:39 GMT