East Asian stainless steel prices mixed amid inactivity

March 01, 2019 / www.metalbulletin.com / Article Link

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...

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