China's domestic stainless steel prices edge up amid bullish sentiment

March 01, 2019 / www.metalbulletin.com / Article Link

Domestic stainless steel prices in China edged up further over the past week amid market participants' optimistic outlook.

Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,700-15,100 yuan ($2,197-2,257) per tonne including value-added tax for the week ended Wednesday February 27, widening upward by 100 yuan per tonne from 14,700-15,000 per tonne a week earlier.Demand...

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