Stainless cold-rolled coil prices in East Asia widened over the past week with offers from China and Taiwan going in opposite directions, while those for stainless hot-rolled sheet narrowed on thin trading.
Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed CRC was $2,235-2,350 per tonne cif East Asian ports for the week ended Wednesday March 7, widening from $2,250-2,330 per tonne cif a week earlier.Metal Bulletin's assessment of prices for benchmark 304 stainless trimmed hot-rolled sheet was $2,200-2,280 per tonne cif East Asian ports for the same period, narrowing by $10 per tonne week on week from $2,190-2,290 per tonne cif.Deals involving China-origin untrimmed stainless CRC were heard concluded at $2,205-2,270 per tonne cif, sources said. This range is equivalent to around $2,235-2,300 per tonne cif for the trimmed...