Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi)
: 18,200-18,600 ($2,810-2,871) per tonne, down by 600-700 yuan per tonne from a week earlier
The three-month nickel contract on the London Metal Exchange
ended the official trading session on August 19 at $18,450 per tonne, down by $562 per tonne from the day before.
The weakness in nickel exerted downward pressure on Chinese stainless steel prices, which decreased to 18,200 yuan per tonne on Monday, from 18,900-19,200...