Any space for the market to struggle? The market is struggling. Steel mills and traders think that there is no space for the stainless steel prices to drop further. However, the downstream manufacturers are not confident about t
Officially in the dull off-season. Even during the peak season, the stainless steel transaction was disappointedly weak. Almost without a second thought, the market is meant to be bearish continuously. Facing the tepid demand an
The People's Bank of China issued an additional 1 trillion yuan in government bonds last week, boosting short-term confidence in the commodity market. However, raw material prices such as nickel-iron and chrome iron have eas
Some opinions are getting optimistic. Stainless steel spot inventory decreased and stainless steel mills plan to reduce the output in October. Typically, the stainless steel 300 series will be cut down by about 140,000 tons, whi
Long time no see. China's stainless steel market has been back on track for a few days. The traditional peak season also leaves only a half month here, but from the market performance, it isn't easy to count as a peak
