China’s stainless steel prices decrease amid weak demand, low production costs

China’s stainless steel prices dropped over the week that ended on Wednesday March 15 due to soft demand and raw material prices.


Fastmarkets’ price assessment of stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China (Wuxi) was 16,000-16,100 yuan ($2,319-2,334) per tonne, down by 300-400 yuan per tonne from March...


Jessica Zong

March 16, 2023

06:55 GMT