Prices for Chinese stainless steel softened over the past week on weak demand, while the wider East Asian market came under pressure from news of South Korea starting an anti-dumping probe on flat-rolled products in the segment from mainland China, Taiwan and Indonesia.
DomesticFlat stainless steel producers produced 2.65 million tonnes of crude stainless steel in August, up by 100,000 tonnes from July, an industry analyst in Shanghai said, quoting a local industry information provider. September's output is expected to rise a further 100,000 tonnes to 2.75...