Asian Stainless Steel Prices Rise on slightly Increased Demand

  • Tuesday, August 14, 2012
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  • Keywords:Stainless Steel Asia
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[Ferro-Alloys.com]Recently, the stainless steel transaction volumes have rose slightly in Asian market.
 
It's said that the transaction prices of 304 grade stainless cold rolled coils increased by USD 50 per tonne to reach USD 2,550 to USD 2,650 per tonne averagely currently.
 
Also, the transaction prices of stainless hot rolled coils surged by USD 40 to USD 50 per tonne averagely to hit USD 2,400 to USD 2,550 per tonne.
 
Industry sources said that the increased prices of stainless steel products in Asian market were boosted by slightly rebounded demand.
 
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