China’s stainless steel price range widens on mixed sentiment

Domestic stainless steel prices in China widened over the past week amid a mixed outlook among market participants.

The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 13,950-14,400 yuan ($2,018-2,083) per tonne including value-added tax for the week ended Wednesday May 29, compared with 14,000-14,300 yuan per tonne a week earlier. End-user demand was stable in the past week, so traders largely kept...

Published

Jessica Zong

May 30, 2019

07:28 GMT

Shanghai