China’s stainless steel prices decrease on weaker demand, nickel loss

China’s domestic and export stainless steel prices fell in the week ended Wednesday September 27 due to soft demand and a weaker nickel futures contract on the London Metal Exchange, sources said.


Fastmarkets’ price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China was 14,800-14,900 yuan ($2,025-2,038) per tonne on Wednesday, down by 500-600 yuan per tonne from...


Jessica Zong

September 28, 2023

07:54 GMT