Ex-China stainless steel prices remain stable
As of January 4, ex-China stainless steel coil export prices are at $3,050-3,150/mt FOB, moving sideways compared to December 28.
As of January 4, ex-China stainless steel coil export prices are at $3,050-3,150/mt FOB, moving sideways compared to December 28.
Ex-China HRC offer prices have moved sideways in the past week and, even though futures prices in China have rebounded recently.
Defying the overall bearish trend in the steel markets, local Indian rebar prices have increased amid improved retail sales from the housing sector.
Ex-India hot rolled coil (HRC) prices have remained under strong pressure from the sharp rise in inventories at mills.