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Inventories rise while spot prices remain weak and stable; the stainless steel market awaits the realization of peak season demand.

August 27, 2026

সর্বশেষ কোম্পানির খবর Inventories rise while spot prices remain weak and stable; the stainless steel market awaits the realization of peak season demand.

Ample supply of raw material nickel pig iron put downward pressure on prices, while cost support for stainless steel weakened. Crude steel production in August increased by 3.11% month-on-month, and social inventories rose for the second consecutive week, with Foshan inventories increasing by 4.14% week-on-week, indicating supply pressure. Spot prices remained weak and stable, with downstream demand constrained by sluggish end-user demand, and transactions mainly driven by immediate needs. The market holds a cautiously optimistic view of the traditional peak season of September and October, and spot prices may maintain a weak and volatile trend in the short term. Attention should be paid to the approval of Indonesian RKAB quotas and the realization of actual demand.

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