Home Inactivity raises supply pressures in China's domestic stainless steel market There was little activity in China’s domestic stainless steel market over the past week due to the Chinese New Year, which has resulted in supply pressures increasing. Traders were offering stainless cold-rolled coil at 14,800-15,500 yuan ($2,329-2,439) per tonne, the same level as offers made before the February 15-21 Chinese New Year break, market sources said. No transactions were heard on Thursday, the only working day in the past week. Most market participants are bearish about the... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok To view this content, please take a free trial or subscribe to our service in just a few steps. Already registered? Log in Discover what Fastmarkets MB has to offer with a FREE 7 day trial: View a sample of all 1,000+ prices Access the past month's market insights No commitment Try our global metal company database Get free access now Subscribe now to get access to Fastmarkets MB: 1,000+ metals prices and premiums including key industry benchmarks Prices analysis tool Live news and breaking news alerts Contact information for 11,500+ companies Subscribe now Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Jessica Zong February 23, 2018 04:15 GMT Shanghai Keywords China 304 stainless cold-rolled coil Wuxi London Metal Exchange stainless steel prices Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
