Stainless Steel Market Report August 2017
2017-09-01 17:44:48 【Print】
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Chinese stainless steel prices went up further obviously during this month mainly supported by higher raw material costs and increase in steel mills’ list prices
. However, customers could not accept the sharp price increase amid the traditionally low season and the market sales performance continued to be bad . Because of higher purchase cost and weak customer demand, traders were reluctant to build large stockpiles . Insiders think the market will keep quiet in the coming month.