East Asian stainless steel prices rise further on Chinese gains, nickel surge

By Jessica Zong / January 04, 2018 / www.metalbulletin.com / Article Link

East Asian stainless steel prices maintained their upward trend over the past week amid gains in China's domestic market and costlier nickel.

Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm cold-rolled coil was $2,150-2,200 per tonne cif East Asian ports for the week ended Wednesday January 3, tightening upward by $50 per tonne from $2,100-2,200 per tonne a week earlier.Metal Bulletin's assessment of prices for benchmark 304 stainless hot-rolled sheet was $2,040-2,100 per tonne cif East Asian ports for the same period, up...

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