Stainless Steel Market Report June 2014
2014-07-02 13:40:41 【Print】
Please contact us for a subscription.
Prices for stainless steel showed a downward trend this month after increasing for two months in succession. The price of the raw material - nickel - started to slide and end users were cautious about placing orders in view of the unstable price trend
. There is no positive news from related industries, and raw material prices are likely to fall further next month with downstream demand remaining soft . Therefore, insiders believe that stainless steel prices will decline further next month.