China's stainless steel spot prices remained mostly stable yesterday (May 12). In the Wuxi market, quotes for 304 cold-rolled products from Tisco and Hongwang held steady, as did 304 hot-rolled prices. 200 series cold and hot-rolled prices remained stable as well.

Overall, the stainless steel spot market had stable operation yesterday. Influenced by macroeconomic news, market players are currently taking a cautious approach to adjustments, and the market is expected to see continued flexible adjustments in the near term.