Industry News

China’s stainless steel demand expected to increase in Dec

Views : 158
Update time : 2020-12-02 22:31:34
According to the downstream market of stainless steel in China, the sales of household appliances showed a slight decrease this October, with a range of 9,800 tons, but still faced an almost 10% year on year increase in sales.

Based on the strong demand for household appliances, the demand for stainless steel also showed an increment this October, increased by nearly 13% year on year.

By the forecast from the market, the total demand for stainless steel might further grow in November and December, and which might stimulate the stainless steel prices to remain strong.
Related News
Read More >>
After steel and aluminum, Trump to impose tariffs on copper After steel and aluminum, Trump to impose tariffs on copper
Feb .28.2025
After steel and aluminum, Trump to impose tariffs on copper
Blastr Green Steel partners with Aurora Infrastructure for Finland plant Blastr Green Steel partners with Aurora Infrastructure for Finland plant
Feb .28.2025
Blastr Green Steel partners with Aurora Infrastructure for Finland plant
Steel Partners Holdings LP's 6.00% Cumulative Preferred Units Steel Partners Holdings LP's 6.00% Cumulative Preferred Units
Feb .28.2025
Steel Partners Holdings LP's 6.00% Cumulative Preferred Units
Oil prices advance despite concern over more US tariffs Oil prices advance despite concern over more US tariffs
Feb .28.2025
Oil prices advance despite concern over more US tariffs