Stainless Steel Market Report September 2015
2015-10-09 14:37:58 【Print】
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As a result of lower raw material costs and weak customer demand, Chinese stainless steel prices remained on a downward trend this month. Although September was the traditional high season for steel industry, the market continued to be quiet on weak demand from downstream customers amid the gloomy economy
. With no urgent need for materials, customers were still adopting a cautious attitude, expecting the price to drop further, and refused to place orders . Insiders do not expect the market to improve in the coming month.