[SMM Stainless Steel Flash] Asian stainless trade stays thin after holidays as cheap imports weigh on Korea

Published: Oct 12, 2026 14:12 (GMT+8)
Asian stainless trading was thin in early October with only three working days. In South Korea, imported 304 CR is now priced below domestic 304 HR, pressuring local offers as buyers purchase only as needed. Chinese sentiment weakened on softer nickel, while Asian export offers held steady on Indonesian-driven raw material costs.

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Asian stainless trading was thin in early October with only three work - Shanghai Metals Market (SMM)