China's domestic stainless steel prices moved up over the week ended Wednesday May 2 on a strengthening of the nickel market, but demand weakened.
The three-month nickel contract on the London Metal Exchange ended the official trading session on Wednesday at $18,173 per tonne, up by $975 per tonne from $17,198 per tonne a week earlier.The most-traded July stainless steel contract on the SHFE moved in a similar fashion, ending Wednesday's trading session at 16,125 yuan per tonne, up by 1,245 yuan per tonne from 14,880...