Heard that some of you are having a holiday already?! If that is so the market is legitimately getting more quite. Last week, stainless steel prices remained weak. On December 8th, Wednesday, both spot and futures prices hit
Stainless steel prices last week went back to the declining tunnel. On November 28th, a new pricing scheme for Indonesian nickel was settled and started to practice on December 1st. The new pricing standard decouples Indonesia
Last week could be the major plot if the market were a novel. The stainless steel prices last week in China remained weak and downward until Friday when the prices started to rise. Stainless steel suffered consistent loss and wa
The cold windswept to China’s stainless steel market last week. The stainless steel prices remained low; last week, they just went even lower. The decrease of stainless steel 316L in price reached US$102/MT weekly. Other maj
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
