China's stainless steel prices edge lower

April 26, 2019 / www.metalbulletin.com / Article Link

China's stainless steel prices dropped slightly over the past week as sellers focused on destocking amid weak demand.

Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,000-14,500 yuan ($2,083-2,157) per tonne including value-added tax for the week ended Wednesday April 24, widening downward 100 yuan per tonne from 14,100-14,500 yuan per...

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