The overall price went up in July, and the mentality of “buy up, not buy down” would stimulate the downstream customers to take out Stainless Steel Sheets and coils etc. However, from the perspective of consumption, the consumption in July was not as good as that in June, but better than that in May.
Due to the lack of import and export data, the actual consumption of stainless steel flat materials in July is estimated to be about 2.082 million tons, down 1.8% month-on-month; A year-on-year increase of 7.5%.
