Asian cold rolled stainless steel sheet export price remains uncertainty
It is reported that Asian 300 series cold-rolled stainless steel sheet price remains up and down from the beginning of May mainly due to falling nickel price.
This month, China's 8 stainless steel mills announced to cut the production of 300 series of cold-rolled stainless steel sheet, which dropped to about 250,000 tons, but it was not enough to boost the market.
At the same time, the market participants believe that the cutting production is worried that if the price falls again, the operation figures may show deficits.
