Monthly Stainless Steel Market Report Mar 2020
2020-04-10 08:50:26 【Print】
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Chinese stainless steel prices kept the downward trend during this month because of the high inventory and weak demand
However, seeing the continuous price decrease, customers were mostly purchasing materials for urgent need and the market sales performance was unsatisfying. Traders had to further reduce their prices obviously due to the high sales pressure.
. Besides, since prices of raw materials like nickel kept going down greatly, steel mills like Taigang Stainless further decreased their prices accordingly. However, seeing the continuous price decrease, customers were mostly purchasing materials for urgent need and the market sales performance was unsatisfying. Traders had to further reduce their prices obviously due to the high sales pressure.