Import prices for stainless steel in East Asia fell over the past week amid sluggish regional demand and the emergence of lower offers.
Fastmarkets MB's import price assessment for 304 stainless 2mm trimmed cold-rolled coil was $2,050-2,150 per tonne cif East Asian ports for the week ended Wednesday October 17, down $10-50 per tonne from a week earlier.Fastmarkets MB's assessment of import prices for 304 stainless trimmed hot-rolled coil was $1,950-2,030 per tonne cif East Asian ports for the same period, down $40-50 per tonne on the week.No deals involving Chinese stainless CRC were reported over the week, but small volumes of trimmed...