Stainless steel prices remain flat in Chinese market on steady nickel prices

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Publish time: 14th November, 2011      Source: ChinaCCM
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It's reported that the prices of 304 series stainless steel products decreased slightly by RMB200/ton in Chinese market this week; while, the prices of 200 and 400 series products remained flat.

It's analyzed that the quotes of stainless steel products in Chinese market have remained stable recently in Chinese market as the nickel prices at LME have become steady.

At present, the base prices of 304/2B slitting edge cold rolled stainless steel coil and plates in Foshan market are at RMB20,000~RMB20,200/ton