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Why stainless steel rods have been rising recently

According to foreign media reports, in the first quarter as stainless steel bar demand was not anticipated to increase, but the recent rise in nickel prices boosted the price of stainless steel, driven procurement activities.316 stainless steel half pipe

Due to cost increases in recent months austenitic stainless steel rod price rise, short-term or continue to rise. In addition, market participants said the market a positive signal, reflecting the increase in consumption, and the first, whether it is a positive factor due to economic recovery dictates.Carbon steel seamless steel tube

Traders and manufacturers mixed reactions, some providers will also establish a stockpile inventory, hoping to short-term prices continue to rise, shipping as soon as possible to obtain greater profits. Other foundries perhaps early accumulation at lower steel prices some sources, at present no need to buy a lot, because it believes steel prices will fall in coming months.chinese stainless steel standards

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