Stainless Steel Market Report March 2013

The domestic stainless steel market was generally weak in March with prices of most products declining although markdowns were small. Prices of raw materials witnessed a downward trend as well and it posted negative influence on the finished stainless steel market.Asian Metal Copyright Prices of raw materials witnessed a downward trend as well and it posted negative influence on the finished stainless steel market.Asian Metal Copyright Meanwhile, the demand from downstream buyers remained released, making it hard for traders to pick up confidence.Asian Metal Copyright Meanwhile, the demand from downstream buyers remained released, making it hard for traders to pick up confidence.Asian Metal Copyright Observers predict that the market will got some improvements in April when is the traditional booming season for steel market.