Monthly Stainless Steel Market Report Jul 2019
2019-08-06 08:58:54 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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Chinese stainless steel prices witnessed an upward trend during this month mainly supported by higher raw material costs and the increase in steel mills' list prices. However, as customers without urgent need for materials were still holding a wait-and-see attitude and placing orders sparingly, the market sales performance continued to be unsatisfying. Because of the high purchase cost and weak customer demand, traders were reluctant to build large stockpiles. Insiders think prices would go down in the coming month on weak customer demand.
