China's stainless steel prices drop on soft demand

November 16, 2018 / www.metalbulletin.com / Article Link

China's domestic stainless steel prices moved down over the past week due to decreasing demand.

Fastmarkets MB's price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,100-15,600 yuan ($2,171-2,243) per tonne including VAT for the week ended Wednesday November 14, down 100-300 yuan per tonne from a week earlier.Demand from...

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