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China’s stainless steel demand expected to increase in Dec

2 Dec 2020 15:47 reported by Jordan Huang

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According to the downstream market of stainless steel in China, the sales of household appliances showed a slight decrease this October, with a range of 9,800 tons, but still faced an almost 10% year on year increase in sales.

Based on the strong demand for household appliances, the demand for stainless steel also showed an increment this October, increased by nearly 13% year on year.

By the forecast from the market, the total demand for stainless steel might further grow in November and December, and which might stimulate the stainless steel prices to remain strong.

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