China's domestic stainless steel prices rise despite weak demand

February 15, 2019 / www.metalbulletin.com / Article Link

China's domestic stainless steel prices moved up in the first three days of this week although demand remained soft.

Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,600-15,000 yuan ($2,159-2,218) per tonne including value-added tax for the week ended Wednesday February 13, up 200-400 yuan per tonne from the week ended January 30.Stainless steel traders raised their offers early this week following nickel...

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