China’s stainless steel prices flat, but outlook bearish

China’s stainless steel prices were stable over the past week, but participants said they expect prices will drop soon.

Fastmarkets MB’s domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,400-14,800 yuan ($2,144-2,204) per tonne including value-added tax for the week ended Wednesday April 10, unchanged from a week earlier. Buyers maintained a slow but steady rate...

Published

Jessica Zong

April 11, 2019

04:25 GMT

Shanghai