China’s domestic stainless steel prices keep decreasing on weaker demand, nickel loss

China’s domestic stainless steel prices continued to trend lower during the week to Wednesday August 9 on weaker demand and the decline in nickel prices on the London Metal Exchange.

Domestic

Fastmarkets’ price assessment of stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China was at 15,000-15,100 yuan ($2,082-2,096) per tonne on Wednesday, down by 100 yuan per tonne...

Published

Jessica Zong

August 10, 2023

14:46 GMT

Shanghai