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Stainless Steel Market Summary in China || Cold rolled SS304 increased by US$74/MT; Chinese export volume grew unexpectively (Apr 10 ~ Apr 14)

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

April 19, 2023 Read More

Stainless Steel Market Summary in China || Tsingshan calls the price limit back on agents, stainless steel 304 price increases (Apr 3 ~ Apr 7)

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&

April 13, 2023 Read More

Stainless Steel Market Summary in China || China and Brazil can trade in YUAN and expand cooperation on minerals. (Apr 3 ~ Apr 7)

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

April 06, 2023 Read More

Stainless Steel Market Summary in China || Massive retail inventory stresses market confidence (Mar 20 ~ Mar 24)

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

March 29, 2023 Read More

Stainless Steel Market Summary in China || Nickel price fell; Tsingshan lifts the limit on agency price. (Mar 13 ~ Mar 17)

Hope this a new week that won't disapoint you. The weekly average price of all major grades of stainless steel drop. On March 13th, after Tsingshan gave up the limit on the agency price, the price of stainless steel dropped

March 23, 2023 Read More

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Stainless Steel Market Summary in China || Cold rolled SS304 increased by US$74/MT; Chinese export volume grew unexpectively (Apr 10 ~ Apr 14)

Stainless Steel Market Summary in China || Tsingshan calls the price limit back on agents, stainless steel 304 price increases (Apr 3 ~ Apr 7)

Stainless Steel Market Summary in China || China and Brazil can trade in YUAN and expand cooperation on minerals. (Apr 3 ~ Apr 7)

Stainless Steel Market Summary in China || Massive retail inventory stresses market confidence (Mar 20 ~ Mar 24)

Stainless Steel Market Summary in China || Nickel price fell; Tsingshan lifts the limit on agency price. (Mar 13 ~ Mar 17)

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