China’s stainless steel prices rise further on nickel gains, stronger demand

Domestic stainless steel prices in China kept rising over the past week on increasing demand and a strengthening of the nickel market.

The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,100-14,500 yuan ($2,050-2,108) per tonne including value-added tax for the week ended Wednesday June 26, up by 100-150 yuan per tonne from a week earlier. The most-traded August nickel...

Published

Jessica Zong

June 27, 2019

07:00 GMT

Shanghai