China’s stainless steel prices rebound

According to the impact of the COVID-19 virus, the stainless steel market in China seemed pessimistic recently.

However, the prices rebound on April 9th, the main reason would be the low production and some of the main stainless steel manufacturers decided to lock their prices.

Currently, due to the increasing trend of the nickel price and the cutting production on the stainless steel in China, both stimulated the stainless steel prices to rebound in China.