China’s domestic stainless steel prices rise on costlier NPI

Domestic stainless steel prices in China rose over the past week amid rising production costs.

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 15,400-15,800 yuan ($2,172-2,229) per tonne including value-added tax for the week ended Wednesday September 18, up 100 yuan per tonne from a week earlier.


Jessica Zong

September 19, 2019

06:56 GMT