
Chinese stainless steel recovered some losses during the week but remained below the previous assessment.
Grade 304 cold-rolled coil stood at CNY 13,950–14,100 per tonne on October 21.
Grade 430 CRC also weakened to CNY 7,200–7,500 per tonne.
Grade 304 CRC export prices widened downward to $2,120–2,200 per tonne FOB.
Nickel gains offered temporary support, but weak consumption and unconfirmed production-cut speculation limited confidence.
