China's stainless steel prices flat amid downstream weakness

June 12, 2020 / www.metalbulletin.com / Article Link

China's domestic stainless steel sellers raised their offers on nickel gains over the week ended Wednesday June 10 but failed to conclude any deals.

The three-month nickel contract on the London Metal Exchange ended Wednesday's official trading session at $12,952 per tonne, up by $67 per tonne from a week earlier.
Domestic
Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 13,300-13,800 yuan ($1,884-1,955) per tonne, unchanged week on week

Some traders issued offers at 13,500-13,900 yuan per tonne in the past week, but buyers only agreed to place orders at the same prices as the previous week, sources...

Recent News

Immediate trigger for crash was new Fed Chairman pick

February 02, 2026 / www.canadianminingreport.com

Gold stocks slump on metal price decline

February 02, 2026 / www.canadianminingreport.com

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok