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Taiwan's stainless steel prices rise with prices rebound in China

17 Apr 2023 16:39 reported by Lena Yang

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Market participants pointed out that after two months of weak demand, many steel mills cut production and continued price-fixing, leading to a rebound in the market.

However, even if the market expected the earlier recovery in demand could be released later, the subsequent rebound will depend on the recovery in real demand.

Due to the continuous rebound in China's stainless steel market and nickel prices, Taiwan's stainless steel market rise slightly.

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