Stainless Steel Market Report March 2016

Prices for Chinese stainless flat steel products witnessed an upward trend during the month, but those of stainless steel long products were generally stable. Downstream customers were still struggling amid the gloomy economy and their demand continued to be weak.Asian Metal Copyright Having no confidence in the market outlook, traders were still reluctant to build large stockpiles and the market inventory remained low.Asian Metal Copyright Having no confidence in the market outlook, traders were still reluctant to build large stockpiles and the market inventory remained low.Asian Metal CopyrightPrices for Chinese stainless flat steel products witnessed an upward trend during the month, but those of stainless steel long products were generally stable.Asian Metal Copyright Insiders do not see the market improving in April.