East Asia's stainless steel market was quiet due to the long weekend, with prices steady at high levels over the past week.
Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,170-2,300 per tonne cif East Asian ports for the week ended Wednesday May 2, the same as a week earlier. Metal Bulletin's assessment of prices for benchmark 304 stainless trimmed hot-rolled sheet was $2,150-2,220 per tonne cif East Asian ports for the same period, unchanged week on week.Participants said they did not hear of concluded transactions for stainless flat steel over the past week mainly because China was...