Jaway Stainless Steel

Stainless steel stocks rise by 6pct in Chinese Wuxi market

According to statistic, the stocks of stainless steel products totaled 190,690 tons in the first half of October, rising by 5.74% from the previous 15 days.

Among them, 76,872 tons were cold rolled stainless steel products, increasing by 4.16% and 113,818 tonnes were hot rolled stainless steel products, rising by 6.84% both compared to the figures in the previous 15 days.

To specify steel grades, the stocks of 300 grades totaled 158,625 tonnes, up by 6.94%; those of 400 grades were at 20,365 tonnes, falling by 7.07% and those of 200 grades were at 11,700 tonnes, increasing by 16.01%, all compared to the figures in 15 days ago.

--From Jaway Steel