Wait and see is the major situation for the 400 series stainless steel.

In July 7th the Foshan market news, after rising of 430 stainless steel last week’s market in Foshan, and the market has maintained a high profile. Among then, clearly visible, there is a rise in individual producing areas, but this week the overall trading atmosphere is weak. However, in view of the market trends the 430 stainless steel price will be supported in the short term.

In addition, the recent trend of ferrochrome is optimistic, driving the price of chromium stainless steel. The market has the news that 410S stainless steel hot rolled also is trying to climb the slope, want to change the earlier downturn, only the weak situation remains. At present, according to the market merchants feedback, 400 stainless steel department stores are in a stable state. The downriver is the dominant mood this week.

Keyword: stainless steel, 430 stainless steel, stainless steel market.