The domestic 316L stainless steel sheet market in the short term continues to maintain a weakly stable and fluctuating trend.
This week, the market of 316L stainless steel sheet maintained a weak and stable alternating pattern. The market experienced both upward and downward fluctuations, and the regional differentiation feature remained prominent. The futures market was repeatedly fluctuating, and the market sentiment of waiting and observing remained high. Currently, it is in the traditional demand off-season, and the actual demand from end-users has not reached the expected level. There are few cases of bulk orders and concentrated stockpiling. The overall transaction volume remains at a low level. The production capacity utilization rate slightly declined, and the factory inventories slightly decreased. However, this is a temporary improvement brought about by passive production control and low-level replenishment. The supply and demand fundamentals have not undergone a substantive reversal. It is expected that the 316L stainless steel plate market will continue to maintain a weak and stable alternating trend and regional differentiation in the short term.
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