Stainless steel cold rolled coil 2mm grade 304 domestic (Wuxi): 21,800-22,500 ($3,370-3,478) per tonne, up 2,800 yuan from a week ago
Prices rose to the highest level since September 2011.
Jiangsu province, a Large stainless steel production center, released a statement on Sunday on reducing its industrial energy consumption and emissions. Among other things, local authorities told industries that electricity consumption should not exceed the relevant period of last year.
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