The stainless steel market since March has been tepid, prices all the way down, but since last Thursday, the stainless steel market suddenly hot up, prices are rising, the price of 304 Stainless Steel has risen by 1500 yuan/ton in just three days!
However, due to the early adoption of the light inventory strategy, the current market agent generally lack of stocks, prices continue to pull up, traders have psychological problems and to be reluctant to sell, price rises, stock snatches, seals trade, and full payments as the main theme of the market, and there is a shortage of stock in the short term, which could push up market prices further.
Keyword: stainless steel, stainless steel market, stainless steel price, 304 Stainless Steel price, stainless steel stock
Contact: HongYue Stainless Steel
Phone: 189 2998 9055
Tel: +86 (0)757 2932 8272
Email: info@hystainless.com
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