China's domestic stainless steel prices rose slightly this past week on a pick-up in demand, but market participants do not expect further gains due to weakening nickel prices and declines in stainless steel futures.
The three-month nickel contract on the London Metal Exchange ended the official trading session on Wednesday April 14 at $16,257 per tonne, down by $474 per tonne (2.8%) from $16,731 per tonne a week earlier.End-user...