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Stainless steel prices in Southeast Asia increase

14 Dec 2020 16:17 reported by Jordan Huang

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According to the market news from Southeast Asia, the recent export price of stainless steel from China to Southeast Asia showed a strong increase, mainly caused by the strong nickel price and unstable freight rate.

Among them, the stainless steel import price in Indonesia in the past week showed a US$40-50/ton increment.

However, although the price remained strong, the market transaction was still not hot, which showed the buyers were quite cautious currently.

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