Sentiment in China's stainless steel market has recently improved, and rising nickel prices on the SHFE and LME reflected the market's optimistic expectations for demand.

China's steel demand continues to grow, and the expected increase in demand from the US automotive industry is expected to further drive the stainless steel market. In addition, Germany's industrial production growth in November last year exceeded analysts’ expectations, showing signs of economic recovery.

These positive signals have injected energy into the global stainless steel market and indicate that demand will continue to rise in the future.