Stainless Steel Market Report February 2012
2012-03-01 09:12:21 【Print】
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In China, most stainless steel products’ prices experienced an up-down trend in February, the first month after the Spring Festival holiday
. Prices increased greatly early this month spurred by the large price increase of the raw material-nickel . Afterwards, prices began moving down slightly and continuously because of the weak demand and the unstable price of nickel . Steel mills and traders were pessimistic about the market in March, deeming the stainless steel price may go down further slightly.