Monthly Stainless Steel Market Report Sep 2019

Prices of 201 grade stainless CRC, 304 grade and 430 grade stainless steel flat products witnessed an upward trend during this month mainly supported by higher raw material costs and the increase in steel mills' list prices, while those of 201 grade stainless HRC were generally stable.Asian Metal Copyright Nevertheless, seeing the high price level, customers were mostly purchasing materials for urgent need and the market sales performance did not become better.Asian Metal Copyright For stainless steel long products, prices of both 300 series stainless steel bar and 304 grade stainless seamless pipe also increased during this month on higher raw material costs.

Mainstream steel mills like Taigang Stainless further raised their prices accordingly since prices of raw materials like nickel kept the upward trend. Nevertheless, seeing the high price level, customers were mostly purchasing materials for urgent need and the market sales performance did not become better.Asian Metal Copyright Nevertheless, seeing the high price level, customers were mostly purchasing materials for urgent need and the market sales performance did not become better.Asian Metal Copyright Traders were not confident of the market outlook and refused to build large stockpiles.


.Asian Metal Copyright Mainstream steel mills like Taigang Stainless further raised their prices accordingly since prices of raw materials like nickel kept the upward trendAsian Metal Copyright