[SMM Stainless Steel Scrap Market Weekly Review] Bearish Factors Converge to Weaken Stainless Steel Scrap, Cost Advantages Hold Price Floor This week, prices of 304 stainless steel scrap off-cuts in east China pulled back, with a quotation range of 10,400-10,500 yuan/mt. Off-cuts of the same specification in Foshan weakened, with a price range of 10,150-10,450 yuan/mt. From a raw material production cost analysis, the cost of producing stainless steel entirely from stainless steel scrap was appr