Chinese stainless steel spot market prices up – Stainless Espresso

29 July 2024 – Spot market prices for Chinese stainless steel, especially for hot-rolled coil, rose on Monday. But stainless steel scrap is also showing rising prices. Asian stock exchanges, above all the Japanese Nikkei 225, are jumping upwards. And a large New Caledonian nickel plant is being mothballed. Source