WEEKLY: Most Chinese stainless grades gain ground on brisk trading

Source: Mysteel Dec 15, 2025 19:00

Chinese spot prices of major stainless steel products strengthened last week, buoyed by a pickup in trading activity and support from key producer Tsingshan Group's price hike.

The spot price of 304/2B Hongwang 2*1240mm stainless CRC in East China's Wuxi was assessed by Mysteel at Yuan 12,800/tonne ($1,814/t) in-warehouse and including the 13% VAT on December 12, up by Yuan 100/t on week. The increase followed Tsingshan's December 8 announcement of a Yuan 100/t hike for its