Stainless Steel
Known for its corrosion resistance, Stainless Steel (SS) is an alloy predominantly composed of iron, chromium, nickel and other elements. Its properties make it...
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Stainless steel bytes: Stay ahead with the latest updates
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Stainless Steel Market Stays Strong as Nickel and Copper Edge Higher, Demand Surges
Stainless steel prices remain stable, with Nickel and Copper gaining. The 200 series sees strong demand due to import shortages, while the 300 and 400 series show gradual improvement. Experts predict price stability for the 400 series and an upward trend for the 300 series due to currency fluctuations. Meanwhile, Taiwan maintains anti-dumping duties on Chinese and Korean imports.
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Nickel and Copper Decline While Stainless Steel Prices Stay Steady
Stainless steel prices remain stable, with slight demand improvements in the 300 and 400 series. The 200 series sees strong domestic demand due to limited imports. Nickel and copper prices declined. Experts anticipate price increases in the 300 and 200 series amid ongoing market shifts. Meanwhile, new research in Taiwan enhances stainless steel’s hydrogen resistance.
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Stainless Steel Market Watch: Demand Strengthens, Prices Remain Firm
Stainless steel prices remain firm across different series, with the 200 series seeing strong demand due to limited imports. Experts predict that the 300 and 400 series prices will stay elevated, while the 200 series is expected to perform well due to import restrictions. Jindal Stainless anticipates opportunities from new US tariffs but warns of potential dumping risks in India.
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