East Asian stainless steel prices strengthen further on nickel surge

摘要

Import prices for stainless steel in East Asia increased again over the past week, with mills continuing to raise their offers amid costlier nickel, although trading activity was slow because of the upcoming Lunar New Year.Fastmarkets MB's import price assessment for 304 stainless 2mm trimmed cold-rolled coil in East Asia was $1,920-2,010 per tonne cif for the week to Wednesday January 30, up $20-40 per tonne from a week earlier.