Import prices for stainless steel in East Asia inched up over the past week, with the upward momentum in regional prices subsiding on soft demand, sluggish spot trading and the stable nickel market.
Fastmarkets MB's weekly import price assessment for 304 stainless 2mm trimmed cold-rolled coil (CRC) in East Asia was $1,990-2,090 per tonne cif on Wednesday February 20, up $10 per tonne from a week earlier.Fastmarkets MB's weekly import price assessment for 304 stainless trimmed hot-rolled coil (HRC) in the same region was $1,890-1,990 per tonne cif on Wednesday, widening upward by $10 per tonne week on week from $1,890-1,980 per tonne cif.No deals have been reported over the past week, with trading activity...