East Asia's stainless steel market has started to show signs of weakness, with prices for cold-rolled coil retreating over the past week amid thin trading and soft demand.
Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm cold-rolled coil was $2,130-2,150 per tonne cif East Asian ports for the week ended Wednesday January 10, down $20-50 per tonne from $2,150-2,200 per tonne cif a week earlier.Metal Bulletin's assessment of prices for benchmark 304 stainless hot-rolled sheet was $2,050-2,100 per tonne cif East Asian...