China’s domestic stainless steel prices fall further on weak demand

Domestic stainless steel prices in China continued to fall over the past week amid soft demand.

Fastmarkets’ price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China in the country’s major market of Wuxi was 14,900-15,300 yuan ($2,079-2,135) per tonne including value-added tax for the week ended Wednesday August 28, down 100 yuan per tonne from a week earlier. Stainless steel kept on softening, which...

Published

Jessica Zong

August 29, 2019

08:06 GMT

Shanghai