China's stainless steel prices decreased slightly ahead of the upcoming January 24-30 Chinese New Year holiday amid sluggish trading due to a segment of the market already starting their breaks well in advance.
"Producers made minor adjustments to their stainless steel prices, if any at all, because the price of nickel has been mostly stable with only minor movements," a steel processor source in eastern China said.Participants and truck drivers have gradually exited the market ahead of...