Monthly Stainless Steel Market Report May 2020
2020-06-10 08:44:55 【Print】
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Chinese stainless steel prices saw an upward trend during this month mainly supported by the low market inventory and the increase in steel mills' list prices
. As the supply from steel mills was insufficient and traders were reluctant to build large stockpiles, the market inventory ran at a low level . Besides, steel mills all raised their list prices obviously to support the market . However, customers were still just purchasing materials for urgent need and the market sales performance did not become better.