Stainless Steel Market Report May 2017
2017-06-01 09:36:03 【Print】
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Chinese stainless steel prices went down further during this month because of lower raw material costs and decrease in steel mills’ list prices
. Customers without urgent need for materials were expecting the price to drop further and refusing to place orders . Having no confidence in the market outlook, traders refused to build large stockpiles . Insiders do not suppose the market will improve in the coming month.