China’s stainless steel demand still weak despite relaxation of logistics restrictions

China’s domestic stainless steel prices edged down on Wednesday May 11, due to continuing weak demand, despite transporation restrictions being lifted in the transaction hub of Wuxi, sources told Fastmarkets.

Domestic
Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 19,800-20,000 yuan ($2,932-2,962) per tonne

The price widened down by 100 yuan per tonne compared with May...

Published

Jessica Zong

May 12, 2022

09:42 GMT

Shanghai