China’s stainless steel demand continues fall

Domestic stainless steel prices continued their sharp drop in the week ended Wednesday November 10, with the low price attracting higher buying interest.

Domestic
Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 19,300-19,500 ($3,019-3,050) per tonne, down by 500-700 yuan per tonne from a week earlier.

“Deals [have...

Published

Jessica Zong

November 10, 2021

11:27 GMT

Shanghai