Asian stainless steel prices drop further on persistently weak demand

Several weeks of subdued demand kept domestic and export prices for stainless steel in China as well as import prices in East Asia to continue to trend downward in the seven days to Wednesday June 8.

Domestic
Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 19,000-19,200 yuan ($2,846-2,876) per tonne, down by 100-200 yuan per tonne from a week earlier

Market...

Published

Jessica Zong

June 09, 2022

06:17 GMT

Shanghai