East Asian stainless steel prices mostly unchanged amid sluggish demand

摘要

Import prices for stainless steel in East Asia were largely stable thispast week despite poor demand in downstream markets amiduncertainty caused by trade tensions between China and theUnited States.Despite weak demand, suppliers are unlikely to reduce theirasking prices in the near term, but that could change if the price ofnickel continues its downtrend, a trader in East China said.