Monthly Stainless Steel Market Report Sep 2020
2020-10-12 09:07:25
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Chinese stainless steel prices witnessed different trends during this month.Asian Metal Copyright Prices of 304 grade stainless HRC and CRC saw a downward trend due to lower raw material costs and the decrease in steel mills' list prices, and those of 201 grade stainless HRC and CRC, 430 grade stainless CRC, and 300 series stainless bar kept the upward trend mainly supported by the increase in steel mills' list prices, while those of 304 grade stainless seamless pipe were generally stable.Asian Metal Copyright Prices of 304 grade stainless HRC and CRC saw a downward trend due to lower raw material costs and the decrease in steel mills' list prices, and those of 201 grade stainless HRC and CRC, 430 grade stainless CRC, and 300 series stainless bar kept the upward trend mainly supported by the increase in steel mills' list prices, while those of 304 grade stainless seamless pipe were generally stable.Asian Metal Copyright Traders were not confident of the market outlook and refused to build large stockpiles.Asian Metal Copyright As customers were mostly purchasing materials for urgent need, the market sales performance continued to be unsatisfying.Asian Metal Copyright Prices of 304 grade stainless HRC and CRC saw a downward trend due to lower raw material costs and the decrease in steel mills' list prices, and those of 201 grade stainless HRC and CRC, 430 grade stainless CRC, and 300 series stainless bar kept the upward trend mainly supported by the increase in steel mills' list prices, while those of 304 grade stainless seamless pipe were generally stable.Asian Metal Copyright Traders were not confident of the market outlook and refused to build large stockpiles.
.Asian Metal Copyright Traders were not confident of the market outlook and refused to build large stockpilesAsian Metal Copyright