China's stainless steel prices decreased in the past week amid a flagging nickel market.
The three-month nickel contract on the London Metal Exchange ended the official session on Wednesday March 3 at $17,864 per tonne, down by $1,538 per tonne (7.9%) from $19,402 per tonne a week earlier.Buyers suspended their purchasing plans early this week upon seeing the falling nickel prices. Some sellers responded...