China’s domestic stainless steel prices flat on pre-holiday lull

China’s domestic stainless steel prices remained unchanged for a third week amid soft demand and low supply ahead of the Chinese New Year.

Fastmarkets MB’s price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,200-14,800 yuan ($2,100-2,188) per tonne including value-added tax for the week ended Wednesday January 16, unchanged from a week earlier.

A few steel mills put...

Published

Jessica Zong

January 17, 2019

06:13 GMT

Shanghai