China’s domestic stainless steel prices rise amid improved demand

China’s domestic stainless steel prices moved up over the past week amid active trading.

Metal Bulletin’s assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,700-15,100 yuan ($2,313-2,376) per tonne including VAT for the week ended Thursday May 10, up 300-500 yuan per tonne from a week earlier.

Trading activity picked up over the past week with end-users looking to replenish their...

Published

Jessica Zong

May 11, 2018

06:20 GMT

Shanghai