China’s domestic stainless steel prices down further in weak market

China’s domestic stainless steel prices fell again this week as high supply and weak demand continued to put pressure on the market.

Metal Bulletin’s assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,000-14,800 yuan ($2,226-2,353) per tonne including VAT for the week ended Wednesday April 4, down 200-300 yuan per tonne from last Thursday. Buying interest from end-users has shown little sign of picking up this...

Published

Jessica Zong

April 04, 2018

10:45 GMT

Shanghai