China’s domestic stainless steel prices rise on stronger nickel futures

China’s domestic stainless steel prices increased over the week to Wednesday April 7 on gains in the nickel futures market, but demand remained weak due to Covid-19 outbreaks in several major markets.

Domestic
Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 20,600-20,800 yuan ($3,238-3,270) per tonne, up by 400 yuan per tonne from a week earlier

The...

Published

Jessica Zong

April 07, 2022

05:28 GMT

Shanghai