East Asian stainless steel market softens on weak demand

By Fiona Lam / January 25, 2018 / www.metalbulletin.com / Article Link

Stainless steel prices in East Asia retreated over the past week on thin trading amid persistently soft demand.

Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm cold-rolled coil was $2,100-2,200 per tonne cif East Asian ports for the week ended Wednesday January 24, down $10-50 per tonne from a week earlier.Metal Bulletin's assessment of prices for benchmark 304 stainless hot-rolled sheet was $1,950-2,100 per tonne cif East Asian ports for the same period,...

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