Stainless steel futures contract showed weak performance
- mars 13, 2024, at 10:47 pm
- SMM
The stainless steel futures contract showed weak performance last week. As of the closing price on March 7, it reached 13,765 yuan/mt, down 230 yuan/mt from February 29. From a macro perspective, Indonesia RKAB approval boosted highgrade NPI and stainless steel prices, while prices return to fundamental level as macro factors fade.