China’s domestic stainless steel prices edge up amid bullish sentiment

Domestic stainless steel prices in China edged up further over the past week amid market participants’ optimistic outlook.

Fastmarkets MB’s domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,700-15,100 yuan ($2,197-2,257) per tonne including value-added tax for the week ended Wednesday February 27, widening upward by 100 yuan per tonne from 14,700-15,000 per tonne a week earlier. Demand...

Published

Jessica Zong

February 28, 2019

05:32 GMT

Shanghai