Gains in the nickel market provided further support to stainless steel prices.
The three-month nickel contract on the London Metal Exchange
ended the official trading session on Wednesday at $18,698 per tonne, up by $381 per tonne from $18,317 per tonne a week earlier
Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi)
: 18,000-18,800 ($2,782-2,906) per tonne, up by 1,000 yuan per tonne
Prices are now at the highest since May 30, 2014, when they were assessed at 18,600-19,000 yuan per tonne.