Metal Bulletin’s price assessment for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,150-2,240 per tonne cif East Asian ports for the week ended Wednesday August 8, widening upward by $10 per tonne from $2,150-2,230 per tonne cif a week earlier.
Metal Bulletin’s price assessment for benchmark 304 stainless trimmed hot-rolled coil was $2,085-2,140 per tonne cif East Asian ports for the same period, up $5 per tonne from the preceding week.
Deals involving trimmed stainless CRC were heard concluded at around $2,150-2,200 per tonne cif during the week.
As for untrimmed stainless HRC, bookings for Chinese cargoes were made at $2,060-2090 per tonne cif, sources said. That range is equivlaent to around...