China's domestic stainless steel prices dropped mid-week on high selling interest but subsequently recovered most of their losses on good demand and higher nickel charges, leaving prices widened slightly lower from the previous week.
Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,200-14,800 yuan ($2,234-2,328) per tonne including VAT for the week ended Thursday May 3, compared with 14,300-14,800 yuan per tonne a...