East Asian stainless steel prices lose momentum

East Asian stainless steel prices have retreated over the past week amid a weakening domestic market in China.

Metal Bulletin’s assessment of prices for January/February shipments of benchmark 304 stainless 2mm cold-rolled coil was $2,050-2,120 per tonne cif East Asian ports for the week ended Wednesday December 13, down $10-30 per tonne from a week earlier. Metal Bulletin’s assessment of prices for January/February shipments of benchmark 304 stainless hot-rolled sheet...

Published

Jessica Zong

December 14, 2017

05:14 GMT

Shanghai