SunSirs--China Commodity Data Group

Sign In

Join Now

Contact Us

Home > Stainless steel plate Stainless steel plate News > News Detail
Stainless steel plate Stainless steel plate News
SunSirs: Consumption of Stainless Steel Plate Recovers Slightly under Domestic Economic Recovery
March 23 2023 10:24:37()

On March 20, the benchmark price of stainless steel plates in Sunsirs was 14,900.00 RMB/ton, a decrease of -4.05% compared with the beginning of this month (15,528.57 RMB/ton).

On the supply side, in February 2023, the production of 300-series crude steel of 41 domestic stainless steel plants with new caliber in China was 1.4831 million tons, an increase of 8.6% month-on-month and a year-on-year increase of 15.4%; An increase of 2.8%. However, recently, rolling coils have continued to lose money, and many steel mills have reported that they have stopped production for maintenance. On the demand side, after the steel price fell, the warehouse receipt resources were digested quickly, but the overall demand was light, and the transmission from the trade link to the terminal was not smooth. The domestic economy is marginally recovering, and terminal consumption has recovered slightly. It is expected that stainless steel will still operate weakly in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products