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Downstream demand in China seems to remain at rest, while the demand for raw materials, like nickel and chromium products, tends to rise. Stainless steel prices fluctuated, thereby...
Just back to work from holiday and in the first week, stainless steel prices tend to hold up. And Trump's announcement, somehow unexpectedly inflames the market's concern. ...
2025-01
Many believe that stainless steel prices have bottomed out and are beginning to rise. However, the significant production volume in China poses a serious threat to the prices.
As Chinese New Year approaches, the international ports are getting busier and freight rates continue to rise. Chinese stainless steel mills will soon have days off.
Happy 2025! We are still here to offer you the news and dynamics in this year's stainless steel market. As the holiday approached, the market was also less active and prices continued to decline last week.
2024-12
Merry Christmas and Happy New Year! You are now coming to the last chapter of 2024 and don't miss the latest update of stainless steel industry.
The December Politburo meeting revealed that in 2025, China will implement a loose monetary policy, increase investment, and increase the fiscal deficit rate; next year’s GDP target is still set at 5%.
Closing to the year-end, market sentiment is getting more fatigued to work. Stainless steel prices continue to drop, will it go any lower in December?
