Tag: GS Materials stainless steel
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South Korea’s stainless steel market slows further; weak demand, import pressure keep prices soft
Buyers remain cautious despite stronger won–dollar exchange. Asian 304 CR offers drop slightly on weak demand. SteelDaily: South Korea’s stainless steel market remained sluggish in the week ending 12 December, weighed down by a broader economic slowdown and the typical year-end wait-and-see sentiment. Distributors continued to face mounting sales pressure, intensifying competition across regions, while prices…