China's domestic stainless steel prices continue to rise amid recovery in demand

February 22, 2019 / www.metalbulletin.com / Article Link

Domestic stainless steel prices in China increased slightly over the past week amid an uptick in demand.

Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,700-15,000 yuan ($2,185-2,230) per tonne including value-added tax for the week ended Wednesday February 20, narrowing upward by 100 yuan per tonne from 14,600-15,000 per tonne fob a week earlier.End users in China gradually returned to the market this past week following...

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