China’s stainless steel prices flat amid soft demand, supply drop

Domestic stainless steel prices in China were flat over the past week amid soft demand, with sellers unwilling to lower their prices due to low inventory levels in the market.

Metal Bulletin’s assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,300-15,600 yuan ($2,293-2,338) per tonne including VAT for the week ended Wednesday July 11, the same as a week earlier. End-users kept...

Published

Jessica Zong

July 12, 2018

05:46 GMT

Shanghai