SMM, 22 Oct:
The weekly settlement prices of 304 stainless steel in Wuxi and Foshan were reduced by 250yuan / ton compared with last week, 16100 yuan / ton in Wuxi Jiuquan Iron and Steel Co., Ltd., and 16150 yuan / ton in Foshan Jiuquan Iron and Steel Co., Ltd.
The settlement price in Tianjin this week was 300 yuan / ton lower than that of last week, at 16100 yuan / ton.
430 cold rolled stainless steel in Wuxi, Tianjin is stable, only Foshan slightly increased by 50 yuan / ton, both reported 8300 yuan / ton.
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