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Chinese stainless steel prices remain high
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The stainless steel market in China has stayed at high level due to the hiked price of nickel. The price of 304 2B stainless steel cold rolled product has increased by about RMB900/ton or US$115/ton in the Wuxi market. However buyers have slowed down their purchasing in the market. It is expected that the high level price will remain for another month and then prices could drop slightly. (Nov. 6)
News Date
11/6/2006 10:36:47 PM
reported by
Brenda
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