SHANGHAI, May 16 (SMM) - The spot prices of stainless steel rose 800 yuan/mt in April. China’s stainless steel output increased 1.81% month-on-month in April. The output of 300-series stainless steel added 5.28% MoM as rapidly improving profits boosted production passion. Despite growing output, stainless steel social inventory continued to decline as stainless steel mills controlled shipments. Orders from end users improved slightly compared with March.



