East Asian stainless steel prices dip on lower offers, dull demand

October 26, 2018 / www.metalbulletin.com / Article Link

Import prices for stainless steel in East Asia largely softened over the past week amid reduced offers from most exporters coupled with a lack of improvement in regional demand.

Fastmarkets MB's import price assessment for 304 stainless 2mm trimmed cold-rolled coil was $2,060-2,140 per tonne cif East Asia for the week ended Wednesday October 24, narrowing from $2,050-2,150 per tonne cif a week earlier.Fastmarkets MB's import price assessment for 304 stainless trimmed hot-rolled coil was $1,940-2,010 per tonne cif East Asia for the same period, down $10-20 per tonne week on week.No substantial uptick in...

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