Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi)
: 19,800-20,200 ($3,094-3,156) per tonne, down by 800-900 yuan per tonne from a week earlier
Sentiment in the stainless steel futures market remained bearish over the past week amid general weakness in ferrous futures, such as iron ore and coal.
The most-traded December stainless steel futures contract on the Shanghai Futures Exchange closed at 18,565 yuan per tonne on Wednesday, down by 1,065 yuan per tonne from 19,630 yuan per tonne a week earlier.
The weakness in futures subdued buying...