Stainless steel market prices may rebound
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Update time : 2021-03-17 21:46:58
According to the market, the current stainless steel demand was still at a high level, although the price showed pressure by the weak nickel price. In China, the stainless steel price has increased by over 2% from last month.
The future trend should need to be considered by the market confidence and cost issue, and also the whole market environment.
In the first 2 months, the total output of stainless steel has increased by 34.65% year on year, which also showed the strong market demand.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
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