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China’s spot stainless prices fall on tight cash flow, weak demand
June 26, 2014 - 09:46 GMT
China’s spot stainless steel prices fell this week on tight liquidity and sluggish demand in the market.
Benchmark 304 cold rolled coil traded at 17,400-17,600
yuan ($2,822-2,854) per tonne including VAT in the major Wuxi
market on Thursday June 26, down 300 yuan per tonne from Metal
Bulletin sister title Steel First’s assessment
last Friday. "Market sentiment is very fragile with the
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Euromoney Institutional Investor PLC.
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