Stainless Steel Market Report July 2012
2012-08-01 08:57:38 【Print】
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Prices of most stainless steel products in China showed a downward trend in July due to the continuous weak demand from buyers. Meanwhile, the price of the raw material-nickel kept decreasing in most time of this month, imposing negative influence on the stainless steel market. Major steel-TISCO kept prices flat for August delivery, so market participants were not confident of the coming market. Observers predict that prices are likely to go down further next month.
