Chinese stainless steel stocks still on rise

2024-03-03 Market News China
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Stainless steel stocks continued to rise in late February, adding pressure on market sentiment. However, traders believe end-user buying activity will gradually revive in March.
The total amount of stainless steel in traders’ inventories in Wuxi and Foshan, the main STS-making hubs of China, slightly increased by 1% over the week, reaching 957 kt by February 29 over the week. Continue Reading? Please click box below!

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