Stainless Scrap Market Report November 2013

Prices of stainless scrap kept a downward trend this month with a markdown of around 6.Asian Metal Copyright Seeing the current inventory runs at a low level, insiders deem it is likely to stop going down in December.Asian Metal Copyright4%, mainly influenced by sharp price decreases of raw materials as well as the poor market performance.Asian Metal Copyright Besides, in view of the high supply but low demand, the price is unlikely to rebound.Asian Metal Copyright Besides, being unconfident of the coming market and lacking of money, most traders refused to hold large inventories.Asian Metal Copyright Seeing the current inventory runs at a low level, insiders deem it is likely to stop going down in December.Asian Metal Copyright In addition, downstream customers were also reluctant to purchase in large quantities.Asian Metal Copyright Besides, in view of the high supply but low demand, the price is unlikely to rebound.Asian Metal Copyright Seeing the current inventory runs at a low level, insiders deem it is likely to stop going down in December.Asian Metal Copyright66 million tons in Jan-Sep of this year, up by 19.Asian Metal Copyright Besides, in view of the high supply but low demand, the price is unlikely to rebound.Asian Metal Copyright Besides, in view of the high supply but low demand, the price is unlikely to rebound.Asian Metal Copyright Statistics showed that China’s crude stainless steel production reached 13.Asian Metal Copyright Besides, in view of the high supply but low demand, the price is unlikely to rebound.Asian Metal Copyright66 million tons in Jan-Sep of this year, up by 19.Asian Metal Copyright8% year on year.Asian Metal Copyright8% year on year.
.Asian Metal Copyright8% year on yearAsian Metal Copyright