WEEKLY: Firm costs see China stainless CRC prices stabilize

Source: Mysteel Mar 16, 2026 18:20

China's spot prices of stainless cold-rolled coil (CRC) held steady across all series over the past week, supported by firm production costs, according to Mysteel's latest assessment.

On March 13, Mysteel assessed the spot price of 304/2B Hongwang 2*1240mm stainless CRC in Wuxi, East China at Yuan 14,450/tonne ($2,095/t) in-warehouse and including the 13% VAT, flat on week. On the cost side, last week Chinese integrated stainless mills that use outsourced high-grade nickel pig iron reported a weekly