Persistently weak demand for stainless steel in China pushed down domestic prices for such products over the past week.
Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,500-14,900 yuan ($2,156-2,216) per tonne including value-added tax for the week ended Wednesday March 27, down 100-200 yuan per tonne from a week earlier.End-user demand had not risen over the past week, while stockists also slowed down...