Monthly Stainless Steel Market Report Nov 2017
2017-12-01 09:48:18 【Print】
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Stainless steel prices in major markets of China witnessed a downward trend during this month mainly because of lower raw material costs and decrease in steel mills’ list prices. Expecting the price to go down further, customers without urgent need for materials were just holding a wait-and-see attitude and refusing to place orders. Traders were not confident of the market outlook and refused to build large stockpiles. Insiders suppose the market will continue to be quiet in the coming month.
