Chinese stainless steel prices flatten as participants exit market for holiday

Chinese stainless steel prices were unchanged in the week to Wednesday January 18, with most participants having already suspended business ahead of the Chinese New Year holiday (January 21-27).

Domestic
Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 17,000-17,100 yuan ($2,511-2,526) per tonne, unchanged from a week earlier

Market participants in Wuxi and Foshan,...

Published

Jessica Zong

January 18, 2023

09:18 GMT

Shanghai