Category: Stainless Steel
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China: Stainless steel market weakens as futures slide, demand slows
Futures decline amid easing concerns over Indonesia’s NPI exports 400-series prices fall as Tsingshan reduces ferro chrome buying price China’s stainless steel market remained under pressure in early August as weaker nickel and stainless steel futures, coupled with sluggish seasonal demand, weighed on market sentiment. On the first trading day of the month, SHFE nickel…