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Asian 400 series stainless steel prices fell

2015-09-07 00:00 LEO Metals
It is reported that Asia’s 400 series stainless steel hot rolled coil prices fell to CFR US$750/ton. The main reason may be because 300 series stainless steel cold rolled prices fell lead hot rolled steel coil prices also fell.

Meanwhile, 400 series stainless steel hot rolled coil price index is usually the price of hot rolled steel coil plus US$ 450/ton. Once the hot rolled steel coil prices fell to US$ CFR 310~320, it's no wonder 400 series stainless steel hot rolled coil price reached a level of CFR US$750/ton , according to reported said.