East Asia's stainless steel prices fall again on weak demand, China market

East Asia’s stainless steel prices have fallen again in the past week due to poor demand and a further decline in China’s domestic market.

Metal Bulletin’s assessment of prices for May/June shipments of benchmark 304 stainless 2mm cold rolled coil was $1,880-1,930 per tonne cif East Asian ports for the week ended Wednesday April 26, down $70 per tonne from a week earlier.

Prices for May/June shipments of benchmark 304 stainless steel hot rolled sheet were assessed at $1,800-1,850 cfr East Asian...

Published

Jessica Zong

April 27, 2017

05:50 GMT

Shanghai