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Chinese stainless steel strip prices remains strong for July

Chinese stainless steel strip prices remains strong for July
Issue Time:2017-08-04
Chinese stainless steel strip prices remains strong for July

 It is reported that China's hot rolled stainless steel strip price remained strong, mainly due to LME nickel price continued to rebound.

In July of this year, Chinese stainless steel market overall remained upward trend, early due to the market was wait-and-see attitude, most steel mills have to adjust down the prices. Due to supply shortage of stock, which keeps the prices remain strong in the short-term