Industry News

China’s nickel and stainless steel market expected to rebound in H2 2023

Views : 142
Update time : 2023-07-18 16:22:42
The market demand for nickel and stainless steel in China was not as good as expected in the first half of this year. Stainless steel prices fell in the first half of the year, but there is still pressure on nickel supply. As a result, the nickel and stainless steel market might rebound in the second half of the year.

The stainless steel industry is supported by medical needs, measures for the real estate industry, and appliance requirements. The supply and demand pressure of stainless steel is small, so there is support for the second-half stainless steel market.

The nickel and stainless steel markets were expected to strengthen in the second half of 2023, but there will still be pressure in the fourth quarter. The high point will probably be in September, and the low point may appear in July and December.
Related News
Read More >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11