Monthly Stainless Steel Market Report May 2019
2019-06-05 08:59:54 【Print】
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Chinese stainless steel prices kept the downward trend during this month on lower raw material costs and the decrease in steel mills' list prices
. Nevertheless, seeing the continuous price decrease, customers without urgent need for materials were expecting the price to go down further and refusing to place orders . Many traders were not confident of the market outlook and refused to build large stockpiles . Insiders do not think the market would improve in the coming month on weak customer demand.