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WEEKLY: China stainless steel prices split across grades

Source: Mysteel Jun 08, 2026 16:25
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China's stainless steel prices diverged last week, with 300-series declining amid weaker futures, loosening cost support and sluggish demand, while 200- and 400-series remained stable.
On June 5, Mysteel assessed 304/2B Hongwang 2×1240mm stainless cold-rolled coil (CRC) in Wuxi, a key stainless hub in East China, at Yuan 15,050/tonne ($2,225/t) in-warehouse including 13% VAT, down Yuan 50/t from a week earlier.   In the derivatives market, the most-traded stainless steel contract on the Shanghai Futures Exchange

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