China's domestic stainless steel prices fall further on weak demand

August 30, 2019 / www.metalbulletin.com / Article Link

Domestic stainless steel prices in China continued to fall over the past week amid soft demand.

Fastmarkets' price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China in the country's major market of Wuxi was 14,900-15,300 yuan ($2,079-2,135) per tonne including value-added tax for the week ended Wednesday August 28, down 100 yuan per tonne from a week earlier. Stainless steel kept on softening, which...

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