China’s Stainless Steel Market Rebounds with a Modest Price Uptick

Today, the Chinese stainless steel market has fully resumed operations, and market prices have increased by approximately USD $15 per ton.

This upward adjustment is primarily attributed to a slight rise in nickel prices, aligning with overall market expectations and renewed post-holiday trading momentum.

With demand progressively recovering and futures sentiment stabilizing, the short-term outlook remains cautiously optimistic.