Chinese stainless steel prices flat amid growing pessimism

China’s domestic stainless steel prices held steady over the past week amid growing pessimism about the market in January.

Fastmarkets MB’s price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,200-14,800 yuan ($2,068-2,156) per tonne including value-added tax for the week ended Wednesday January 2, unchanged from a week earlier. Transactions were sparse over the past week due to the fewer number of working...

Published

Jessica Zong

January 03, 2019

05:45 GMT

Shanghai