Stainless Steel Market Report April 2015
2015-05-05 17:38:25 【Print】
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Prices for Chinese stainless flat steel products went up slightly in April supported by higher nickel prices, but those of stainless long steel products maintained a downward trend as a result of weak customer demand. Having no confidence in the forthcoming market developments, traders were reluctant to hold a large volume of stocks and the market continued to be sluggish
. Insiders predict the Chinese stainless steel market will struggle to improve in May.