Industry News

China’s stainless steel demand expected to increase in Dec

Views : 247
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 >>
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Feb .24.2026
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Argentina terminates AD duties on China’s aluminum sheets Argentina terminates AD duties on China’s aluminum sheets
Feb .24.2026
Argentina terminates AD duties on China’s aluminum sheets
Nippon Steel raises prices for 300 series stainless steel dramatically Nippon Steel raises prices for 300 series stainless steel dramatically
Feb .24.2026
Nippon Steel raises prices for 300 series stainless steel dramatically
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain
Feb .24.2026
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain