Asia stainless steel buyers need to be cautious because the nickel price down

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Last week, Southeast Asia 304 / 2B 2mm cold rolled stainless steel sheet mainstream price maintenance of 2950-3000 dollars / ton ( CFR ), clinch a deal delicate. Because nickel price drops, buyers discretion.
In February 16th, the London Metal Exchange nickel spot prices fell to 19750 U.S. dollars / ton. Most steel mills offer still maintained at 2 month nickel price rises when the level, but some traders with the nickel price drops down price.
Reportedly, Taiwan last week to produce 304 stainless steel price has been a week before the 3000-3050 dollars / tons to the 2950-3050 dollars / ton ( CFR, China and Southeast Asia ). But the South Korean products quotes from a week ago 2950-3000 dollars / tons to 2950-3050 dollars / ton ( CFR, China ). The Japanese quotation is still 3150 dollars / ton ( CFR, China ).
A trafficker says, last week will offer down 50 U.S. dollars / tons, but have not yet received any bids. Because the downstream demand remained weak, so traders on stainless steel imported cautious.
A Chinese importers, buyers are less likely to receive $3000 / ton price, especially in the current inventory is higher in the case of more is not eager to buy. This week is expected to see a steel or buyers to adjust the price, because this week to finish production plan of steel next month, stop order in March.