East Asian stainless steel market largely flat again amid thin trading, diverging price trends

Import prices for stainless steel in East Asia remained relatively steady over the past week amid sluggish trading as a result of China’s National Day holiday, while participants observed Chinese offers edging up and Taiwanese offers on a downtrend.

Fastmarkets MB's assessment of import prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,100-2,160 per tonne cif East Asian ports for the week ended Wednesday October 10, the same as a week earlier. Fastmarkets MB's assessment of import prices for benchmark 304 stainless trimmed hot-rolled coil was $2,000-2,070 per tonne cif East Asian ports for the same period, narrowing downward by $10 per tonne...

Published

Fiona Lam

October 11, 2018

03:57 GMT

Singapore