China’s domestic stainless steel market participants wait for stimulus package

China’s domestic stainless steel prices were flat over the week ending Wednesday July 19 amid weak demand, but some participants expected the central government to release stimulus policies for manufacturers to push up stainless steel demand.

Fastmarkets’ price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China was 14,700-14,800 yuan ($2,048-2,062) per tonne on Wednesday, unchanged from July 12. The prices stopped...


Jessica Zong

July 20, 2023

00:07 GMT