China's domestic stainless steel prices rose further over the past week to reach their highest so far this year amid strong demand.
Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,800-16,100 yuan ($2,471-2,518) per tonne including VAT for the week ended Thursday June 7, up 400-600 yuan per tonne from a week earlier. Environmental inspections had...