LME nickel gains halt freefall of China’s domestic stainless steel prices

China’s domestic stainless steel prices stopped falling in the week ended Wednesday July 12 amid rising nickel prices on the London Metal Exchange, sources told Fastmarkets.

Domestic

Fastmarkets’ price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China was 14,700-14,800 yuan ($2,046-2,060) per tonne on July 12, unchanged from July 5.
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Published

Jessica Zong

July 13, 2023

05:22 GMT

Shanghai