Stainless steel prices in China declined over the past week amid poor demand from both downstream industries within the country and overseas buyers.
Market participants said that stainless steelmakers were limited in their ability to slash prices any further because of the recent stability in the price of nickel.China's domestic stainless steel prices have fallen to their lowest in 32 months. They were at 11,800-12,500 yuan per tonne on July 12, 2017, according...