Stainless Steel Market Report February 2015

The stainless steel market failed to see any improvement in February, with prices for most products unchanged and some declining. Most participants had a 7-10 day holiday for the Spring Festival in the month.Asian Metal Copyright The majority of stainless pipe and bar producers halted production before and after the holiday and the market performed sluggishly.Asian Metal Copyright The majority of stainless pipe and bar producers halted production before and after the holiday and the market performed sluggishly.Asian Metal Copyright Most participants had a 7-10 day holiday for the Spring Festival in the month.Asian Metal Copyright The support from production costs remained weak because prices for nickel cathodes were powerless to rebound.Asian Metal Copyright The support from production costs remained weak because prices for nickel cathodes were powerless to rebound.Asian Metal Copyright Insiders predict that prices for stainless steel are unlikely to go up in March.