Standing at the current point, the past two weeks seem like a dream to us. Last week, from April 17th to 21st, all major grades of stainless steel had risen in price. However, this week, the stainless steel market showed a downw
Stainless steel 304 just smashes the market last week. Long time no see an upward trend and real demand in the market. Cold-rolled stainless steel 304 increased by US$74/MT to US$2330/MT; inventory in Wuxi was down by 26,129 ton
Stainless steel 304 rose in price after Tsingshan called the price limit back on his agents. Moreover, the prices rose too fast and sellers even couldn't give a quotation. In March, according to official data, China&
Would you skip the US dollar to trade? It provides a larger negotiable space for the trading parties and it can lower costs from a financial perspective. On March 29th, Brazil said that Beijing and Brazil signed an agreement on
Is it an all- round collapse of the stainless steel market? Sluggish demand, declining ore prices, massive inventory, unstable financing environment are making the market more difficult to recover. The cost of molybdenum decline
