China's domestic stainless steel prices moved up over the past week amid active trading.
Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,700-15,100 yuan ($2,313-2,376) per tonne including VAT for the week ended Thursday May 10, up 300-500 yuan per tonne from a week earlier. Trading activity picked up over the past week with end-users looking to replenish their inventories to meet processing orders,...