India's export duty on stainless steel no boon for China

The emergence of a 15% export duty for Indian stainless steel has led to expectations of lower outbound shipments from India, but market participants do not expect China - the biggest supplier in Asia - to get more orders as a result.

Stainless steel prices in China’s export markets continued to trend downward in the week to Wednesday May 25 from the preceding week.

Fastmarkets’ weekly price assessment for stainless steel...

Published

Jessica Zong

May 26, 2022

09:45 GMT

Shanghai