Stainless Steel Market Report September 2015

As a result of lower raw material costs and weak customer demand, Chinese stainless steel prices remained on a downward trend this month. Although September was the traditional high season for steel industry, the market continued to be quiet on weak demand from downstream customers amid the gloomy economy.Asian Metal Copyright Insiders do not expect the market to improve in the coming month.Asian Metal Copyright With no urgent need for materials, customers were still adopting a cautious attitude, expecting the price to drop further, and refused to place orders.Asian Metal Copyright Although September was the traditional high season for steel industry, the market continued to be quiet on weak demand from downstream customers amid the gloomy economy.Asian Metal Copyright Insiders do not expect the market to improve in the coming month.