Import prices for flat stainless steel in East Asia fell further over the past week due to the weak nickel segment and a lack of transactions amid sluggish regional demand.
Metal Bulletin's assessment of import prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,125-2,180 per tonne cif East Asian ports for the week ended Wednesday September 19, down by $15 per tonne from a week earlier. Metal Bulletin's assessment of import prices for benchmark 304 stainless trimmed hot-rolled coil was $2,010-2,090 per tonne cif East Asian ports for the same period, down $10-20 per tonne week on week.Taiwan-origin untrimmed stainless CRC was booked at the equivalent of $2,130-2,160 per tonne cif for the assessed trimmed product. Untrimmed stainless HRC from Taiwan was also sold, at the equivalent of around $2,045-2,055 per...