Japan: Cold-rolled stainless steel sheets prices remain flat amid sluggish sales

  • Cold-rolled stainless steel sheets (SUS304) prices remained stable at JPY 680,000/t, as per Japan Metal Daily.
  • The cargo movement in the market is not active but demand is firm. Excessive inventory and sluggish sales are keeping prices under pressure.
  • Market sources expect that the adjustment phase of market inventories will continue for the short-term.

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