China’s stainless steel prices face strong increment
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Update time : 2020-07-31 20:04:21
According to the market news in China, the market prices of stainless steel were facing dramatically increase on July 30th, and which further pushed the output of nickel in domestic kept increasing.
Although the overseas’ demand was still not strong, the strong domestic demand pushed the stainless steel prices to increase significantly.
Moreover, some of the market participants predicted that stainless steel prices were remained strong in the short future, and the consumption was also expected to increase continuously.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
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