Monthly Stainless Steel Market Report Feb 2019
2019-03-06 17:42:49 【Print】
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Chinese stainless steel prices witnessed an upward trend during this month mainly supported by higher raw material costs and the increase in steel mills' list prices
. However, seeing the sharp price increase, customers without urgent need for materials were still holding a wait-and-see attitude and placing orders sparingly . The market sales performance continued to be unsatisfying . Because of the high purchase cost and weak customer demand, traders refused to build large stockpiles . Insiders do not expect the price to go up further in the coming month.