China’s stainless steel prices fall further on potential supply increase

China’s domestic and export stainless steel prices fell further continued decreasing over the week ended Wednesday March 8 due to an expectation of more supply in the coming weeks, sources told Fastmarkets.

Lower nickel prices on the London Metal Exchange added to the downward pressure on China's domestic stainless steel prices.

The three-month nickel contract on the LME closed the official session...

Published

Jessica Zong

March 09, 2023

04:20 GMT

Shanghai