China's stainless steel prices fall on weakening demand

June 07, 2019 / www.metalbulletin.com / Article Link

Domestic stainless steel prices in China decreased over the past week amid softer demand.

The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 13,850-14,250 yuan ($2,004-2,062) per tonne including value-added tax for the week ended Wednesday June 5, down 100-150 yuan per tonne from a week earlier. Buyers expecting a further price...

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