China's domestic stainless steel prices moved down over the past week on decreased demand.
Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,500-15,900 yuan ($2,422-2,485) per tonne including VAT for the week ended Thursday June 14, down 200-300 yuan per tonne from a week earlier. Environmental inspections resulted in the supply of stainless steel dropping over...