WEEKLY: Spot stainless CRC prices in China's Wuxi decline as futures weaken

Source: Mysteel Apr 07, 2026 13:50

Spot prices of stainless cold-rolled coil (CRC) in Wuxi, China's key stainless steel trading hub, mostly inched lower last week, largely in line with the downward trend in Shanghai futures contracts, Mysteel Global learned.

As of April 3, the spot price of 304/2B Hongwang 2*1240mm stainless CRC in Wuxi was assessed by Mysteel at Yuan 14,400/tonne ($2,092/t) in-warehouse and including 13% VAT, lower by Yuan 100/t from one week prior. Similarly, Mysteel assessed the price of 201/J2-grade CRC in Wuxi down Yuan 100/t on