Stainless Steel Market Report August 2014

The demand for stainless steel was still weak this month, while the stainless steel market performance was just as unsatisfactory as last month’s. However, prices for stainless pipe showed an upward trend, supported by the low market inventories.Asian Metal CopyrightThe demand for stainless steel was still weak this month, while the stainless steel market performance was just as unsatisfactory as last month’s.Asian Metal Copyright Although September is considered the peak season for the stainless steel industry, insiders don’t believe the market will improve much next month as the steel industry as a whole is sluggish.Asian Metal Copyright Although September is considered the peak season for the stainless steel industry, insiders don’t believe the market will improve much next month as the steel industry as a whole is sluggish.Asian Metal Copyright Insiders predict stainless steel prices will remain flat in September.