China's domestic stainless steel prices fall on soft demand

China’s domestic stainless steel prices have started to retreat over the past week on subdued demand.

Metal Bulletin’s assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,700-15,400 yuan ($2,259-2,367) per tonne including VAT for the week ended Thursday January 11, down 100-500 yuan per tonne a week earlier. The sustained lack of activity in the market was the major reason that pushed down...

Published

Jessica Zong

January 12, 2018

04:30 GMT

Shanghai