The
three-month nickel contract on the London Metal Exchange has averaged $15,335 per tonne so far in November, as compared with $17,017 per tonne in October.
Domestic
Fastmarkets’ weekly price assessment for
stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China in the country’s major market of Wuxi was 14,700-15,300 yuan ($2,092-2,177) per tonne including value-added tax for the week ended Wednesday, down 100 yuan per tonne from
a week earlier.
The high inventory level at...
