The embossed stainless sheet is a type of textured surface produced by pressing an image into the surface with a rolling die, which is ideal for applications featuring a variety of design elements such as decorative panels, ceilings, walls, etc.
Tsingshan continues to reduce production in July, and its plants in Indonesia have also been halted.
Tsingshan Group reduces production in Indonesia, and the expansion is also suspended. The problem of oversupply is getting more outstabding.
We hope for world peace and for everyone's life to return to normal. Market turmoil increases because of the war, along with the continuous tariff conflict. Concerns over a tepid market and inflation are intensifying. Stainless steel prices keep faling.
The P.O.T.U.S. decided to add more drama to China's Dragon Boat Festival by unveiling its new plan concerning steel tariffs and a partnership with Nippon Steel.
The surging sea freight is stirring up everyone's plans, while the price of stainless steel rose in a more rational way.
After the tariff reduction, shipping prices rose rapidly. Under the previous excessively high tariffs, China's exports to the United States fell sharply, with exports in April down 21% year-on-year. After the tariffs were eased, companies may have a strong demand for restocking.
Is 90 days as a window phase enough for you to take a break from the suspension between the US and China trade?
The stainless steel market was flat before the May Day holiday and the steadiness remains after the holiday.
The market is slack, stainless steel prices slightly decreased last week. From May 1st to 5th, it is the Labor Day holiday in China, remember to confirm your urgent matters with your Chinese suppliers in advance.
