Monthly Stainless Steel Market Report Nov 2017
2017-12-01 09:48:18 【Print】
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Stainless steel prices in major markets of China witnessed a downward trend during this month mainly because of lower raw material costs and decrease in steel mills’ list prices
. Expecting the price to go down further, customers without urgent need for materials were just holding a wait-and-see attitude and refusing to place orders . Traders were not confident of the market outlook and refused to build large stockpiles . Insiders suppose the market will continue to be quiet in the coming month.