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 (CRC) increased by US$50/ton to reach US$2,550~US$2,650/ton averagely currently.
Also, the transaction prices of stainless hot rolled coils (HRC) surged by US$40~US$50/ton averagely to hit US$2,400~US$2,550/ton.
Industry sources said that the increased prices of stainless steel products in Asian market were boosted by slightly rebounded demand.