[steel ]Chinese stainless steel market conditions will continue to maintain the relative price stability

From the China market, future growth in demand for stainless steel will remain very strong, nickel prices are still at a higher level. Likely the second half of the stainless steel prices will be depressed demand and prices relatively stable.
Recently, the stainless steel market downturn. By the poor state of turnover and nickel price shocks, the domestic market since May 2007 prices began to lower, has been sustained downturn, which has been cold adjustment nearly 2, 000 yuan / ton, and the trend continued to go down. International markets, the United States and the European stainless steel market has surplus supply situation, and show varying degrees of weakness.
According to the analysis, and the high price of consumer end-users face shrinking, the situation is caused turnover continued to shrink, the main factors. In addition, the traditional stainless steel consumption rates in the low season is also an important factor for downlink. At present, due to consumer terminal face reduced ability to digest, to the current stainless steel market caused greater pressure and the high price of stainless steel, is adding more traders commercial risks.