Peak season? Golden September? Or a short-lived bloom? The stainless steel market was thrilled to experience the increasing price tendency in the last several weeks. However, last week, the prices again slid down. Of course, t
Looks like stainless steel grade 400 has a brighter future. Thanks to the ore costs, stainless steel prices again stopped falling last week. The inventory of 400 and 200 seires accelerated in destocking, helping to boost the pri
Officially, it is the peak season traditionally. Do you feel the market warming up? However, last week, the stainless steel prices headed down and steel mills struggled to hold up. Although the raw material cost remains
China promises to provide more support for private enterprises. Manufacturing PMI in August fixed by 0.4% but remains in the contraction zone. It is the consecutive fifth month the data falling below 50%. CPI and PPI in China bot
Following the rising prices of ores, all major grades of stainless steel prices increased on a weekly basis last week in China. Cold-rolled stainless steel 304 last week grew by US$49/MT to US$2250/MT. However, although the gr
