China’s stainless steel prices fall on weakening demand

Domestic stainless steel prices in China decreased over the past week amid softer demand.

The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 13,850-14,250 yuan ($2,004-2,062) per tonne including value-added tax for the week ended Wednesday June 5, down 100-150 yuan per tonne from a week earlier. Buyers expecting a further price...

Published

Jessica Zong

June 06, 2019

07:55 GMT

Shanghai