Stainless Steel Market Report January 2013
2013-02-01 09:41:04 【Print】
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The domestic stainless steel market did not make any progress in January, the last month before the traditional Chinese festival-Spring Festival
. Most buyers left the market in the middle of the month and traders also began taking holiday from the third week . Although they thought the market price would go up after the Spring Festival, few traders built up high inventories because they worried that the price increase would not maintain long . Insiders predict that prices will move up after the holiday with the demand releasing coupled with the support of higher production cost.