China’s domestic stainless steel prices rise on positive manufacturing outlook

China’s domestic stainless steel prices were on an uptrend over the week ended Wednesday August 23 due to bullish outlook among market participants on the downstream manufacturing sector, sources said.

Domestic

Fastmarkets’ price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China was 15,600-15,700 yuan ($2,158-2,172) per tonne on August 23, up by 200 yuan per tonne...

Published

Jessica Zong

August 24, 2023

06:20 GMT

Shanghai