China's stainless steel prices fall further amid inactivity

October 26, 2018 / www.metalbulletin.com / Article Link

China's domestic stainless steel prices maintained a downward trend over the past week with demand remaining soft.

Fastmarkets MB's price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,500-15,800 yuan ($2,233-2,276) per tonne including VAT for the week ended Wednesday October 24, down 100 yuan per tonne from a week earlier.Demand remained weak and stagnant over the past week, market...

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