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11 Sep
09:01

Tight supply boosts Wuxi stainless steel prices

Major Chinese stainless steel production base, Jiangsu province's Wuxi city, has seen a new round of price increases despite the downtrend in the stainless steel market in Foshan. The reduced supply of local stainless steel in September has allowed companies to boost their offer prices, Kallanish notes. Major leading stainless coil suppliers such as Zhangjiagang Posco, Jiugang and Tisco all held their ex-works offers on 11 September,…
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