China's domestic and export prices for stainless steel increased sharply over the past week after the country's National Bureau of Statistics (NBS) releasing positive data for downstream sectors.
China's manufacturing purchasing managers' index was 51.1 points for July, up by 0.2 points from June, according to the NBS. This is the fifth month that the index has been above 50%, which indicates growth in the sector.Fastmarkets' weekly price assessment for nickel pig iron, high-grade NPI content 10-15%,...