East Asia's stainless steel prices fall on China's domestic weakness

East Asia’s stainless steel prices continued to trend downwards over the past week amid a further softening of China’s domestic market.

Metal Bulletin’s assessment of prices for May/June shipments of benchmark 304 stainless 2mm cold rolled coil was $1,950-2,000 per tonne cif East Asian ports for the week ended Wednesday April 19, down $30 per tonne from a week earlier. Metal Bulletin’s assessment of prices for May/June shipments of benchmark 304 stainless steel hot rolled sheet was $1,880-1,920 cfr East Asian ports for the week to Wednesday, down $20-30 per...

Published

Jessica Zong

April 20, 2017

06:33 GMT

Shanghai