Monthly Stainless Steel Market Report Nov 2018
2018-12-05 09:35:13 【Print】
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Chinese stainless steel prices went down further obviously during this month mainly because of lower raw material costs and weak demand from downstream industries
. Expecting the price to drop further, customers without urgent need for materials were mostly taking a cautious attitude and placing orders sparingly . Traders were not confident of the market outlook and refused to build large stockpiles . Insiders think the market would continue to be quiet in the coming month.