Monthly Stainless Steel Market Report Jan 2021
2021-02-05 09:03:56 【Print】
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Chinese stainless steel prices keep the upward trend during this month mainly supported by higher raw material costs and the increase in steel mills' EXW prices
. Besides, the supply from steel mills remained insufficient and the market inventory continued to be low, which also supported stainless steel prices to go up . Nevertheless, because of the coming Spring Festival holiday, customers were purchasing upon orders and the market sales performance kept unsatisfying.