East Asian stainless steel prices mixed amid inactivity

Import prices for stainless steel in East Asia were mixed over the past week amid thin trading, with those for the cold-rolled product rising, while hot-rolled coil ones experienced some weakness.

Fastmarkets MB's weekly import price assessment for 304 stainless 2mm trimmed cold-rolled coil in East Asia was $2,030-2,100 per tonne cif on Wednesday February 27, up $10-40 per tonne from a week earlier. Fastmarkets MB's weekly import price assessment for 304 stainless trimmed HRC in the same region was $1,900-1,950 per tonne cif on Wednesday, narrowing from $1,890-1,990 per tonne cif a week earlier. A few cargoes of Chinese products were heard to have been sold to the export market in the later part of last week. Stainless CRC...

Published

Jessica Zong

February 28, 2019

06:47 GMT

Shanghai