Chinese stainless steel prices flat amid growing pessimism

January 04, 2019 / www.metalbulletin.com / Article Link

China's domestic stainless steel prices held steady over the past week amid growing pessimism about the market in January.

Fastmarkets MB's price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,200-14,800 yuan ($2,068-2,156) per tonne including value-added tax for the week ended Wednesday January 2, unchanged from a week earlier.Transactions were sparse over the past week due to the fewer number of working...

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