Monthly Stainless Steel Market Report Apr 2019
2019-05-06 09:10:31 【Print】
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Chinese stainless steel prices witnessed a downward trend during this month because of lower raw material costs and the decrease in steel mills' list prices
. However, expecting the price to drop further, customers without urgent need for materials were just holding a wait-and-see attitude and placing orders sparingly . Having no confidence in the market outlook, traders were reluctant to build large stockpiles . Insiders suppose prices would go down further in the coming month.