Trade war starts weighing on Chinese stainless steel demand, prices

Demand for stainless steel in China’s domestic market was steady over the past week, but trade tensions between the country and the United States are starting to show signs of weighing on prices.

The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,000-14,400 yuan ($2,036-2,094) per tonne including value-added tax for the week ended...

Published

Jessica Zong

Miranda Song

May 16, 2019

06:30 GMT

Shanghai