Monthly Stainless Steel Market Report Feb 2020
2020-03-11 09:00:58 【Print】
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Chinese stainless steel prices saw a downward trend during this month on high inventory and weak demand
. As prices of raw materials like nickel dropped obviously this month, steel mills like Taigang Stainless reduced their prices accordingly . Besides, many downstream customers could not resume the production on time due to the coronavirus outbreak and there was little demand for stainless steel products . As new materials arrived in succession and sales pressure increased, traders had to cut their prices.