Stainless Steel Market Report July 2016
2016-08-02 09:40:22 【Print】
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Prices of most Chinese stainless steel products witnessed an upward trend during this month mainly supported by higher raw material costs
. However, demand from downstream customers remained weak amid the traditionally low season and the market sales performance did not improve . Having no confidence in the market outlook, traders were reluctant to build large stockpiles . Insiders do not expect the price to increase further in the following month.