China’s stainless steel prices drop further on decreased raw material costs

China’s stainless steel prices moved down further over the week ended Wednesday March 22 due to lower costs for nickel pig iron and ferro-chrome, sources told Fastmarkets.

Domestic
Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 15,600-15,700 yuan ($2,265-2,279) per tonne, down by 400 yuan per tonne from the preceding week

Lower...

Published

Jessica Zong

March 23, 2023

06:25 GMT

Shanghai