Monthly Stainless Steel Market Report Jan 2018

Prices of stainless steel flat products in major markets of China witnessed an upward trend during this month mainly supported by higher raw material costs and increase in steel mills' list prices, while those of stainless steel long products went down on weak customer demand.Asian Metal Copyright As customers without urgent need for materials were still holding a wait-and-see attitude and placing orders sparingly, the market sales performance did not become better.Asian Metal Copyright As customers without urgent need for materials were still holding a wait-and-see attitude and placing orders sparingly, the market sales performance did not become better.Asian Metal CopyrightPrices of stainless steel flat products in major markets of China witnessed an upward trend during this month mainly supported by higher raw material costs and increase in steel mills' list prices, while those of stainless steel long products went down on weak customer demand.Asian Metal Copyright Because of high purchase cost and weak customer demand, traders refused to build large stockpiles and the market inventory remained low.Asian Metal Copyright As customers without urgent need for materials were still holding a wait-and-see attitude and placing orders sparingly, the market sales performance did not become better.Asian Metal Copyright With the arrival of Chinese New Year, insiders think the market will continue to be quiet in February.
.Asian Metal Copyright As customers without urgent need for materials were still holding a wait-and-see attitude and placing orders sparingly, the market sales performance did not become betterAsian Metal Copyright