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Recent Fluctuations in China’s Stainless Steel Market

Price Rises May Rely on Futures Surge —— Jan 12 Yesterday, the Chinese stainless steel market experienced certain price fluctuations, the reasons for which remain unclear. The market generally reports difficulty in transactions following price increases, with steel mills maintaining stable order... Read More

Breaking Today? Unexpected Surge in China’s Stainless Steel Market

China’s domestic stainless steel market, particularly the 304 grade, is anticipated to experience a surge in spot prices today in Jan 11. This unexpected rise is attributed to a significant uptick in both the nickel index and stainless steel index at the Shanghai Exchange, fueling market s... Read More

Recent Analysis of China’s Stainless Steel Market

Production Increase of 200,000 Tons, Improved Supply Expectations Summary: Overall, with the recovery of production in some steel mills and an increase in market arrivals, prices are expected to maintain a volatile trend in the short term. The market focus will be on the pace of arrivals and cha... Read More

China Foshan Stainless Steel Market Update

Jan 8: 304 Sees Minor Changes, 201 Fluctuates, Coil Markets Adjust Slightly On January 8, 2024, the Foshan market in China started the week with dynamics: Chinese A-share market was sluggish, with the Shanghai Composite Index falling below 2900 points. After brief fluctuations, stainless steel f... Read More

Futures Fluctuate, Spot Market Stays Firm Amid Weak Demand – 2023 Week 1 China Stainless Steel Industry Summary and Outlook (Jan 1-7)

I. Stainless Steel Market Overview This Week: Futures prices showed a downward trend with volatility, while spot prices remained relatively firm. Downstream demand was weak, leading to a cautious market atmosphere. Traders and downstream players had expectations for pre-Spring Festival stockpili... Read More

China Stainless Steel Industry News Update for January 4: Far East-Mediterranean Rates Double

I. Futures Market Stainless Steel Futures Contract 2402: Today’s session saw a decline of about $6, indicating that futures prices are relatively lower than spot prices. II. Market Dynamics 1. Foshan Market: 304 Cold Rolled: Initially maintained high quotations, later decreased following a... Read More

China Stainless Steel Industry News Update for January 3: Maersk Red Sea Route Suspension

I. Futures Market China Stainless Steel Futures Contract 2402: Today’s rise is about $30, with the spot-futures price difference presenting a negative value. II. Market Dynamics 1. Foshan Market: 304 Cold Rolled: Experienced an initial rise followed by a decline to promote transactions. Ho... Read More

The Benefits of Using Polished Stainless Sheet for Your Projects

When it comes to choosing the right material for your projects, polished stainless sheet is a popular and versatile option that offers a range of benefits. From its durability and resistance to corrosion, to its aesthetic appeal and ease of maintenance, polished stainless sheet is a reliable choi... Read More

Analysis of Inconel 718 Nickel Alloy: Composition, Mechanical Properties, and Applications

Inconel 718 nickel-based alloy, known for its exceptional mechanical properties and corrosion resistance, has found widespread applications in various extreme environments. This article will explore in detail the elemental content, application areas, and advantages of 718 nickel-based alloy. Ele... Read More

Customizing Stainless Steel Metal Plates for Your Business Needs

Stainless steel metal plates are an essential component in various industries owing to their durability, corrosion resistance, and aesthetic appeal. These plates are crafted from an alloy of steel, chromium, and other metals, and are highly valued for their strength and longevity. The versatility... Read More
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