The long-process steel mills continue to reduce production. Additionally, the rolling enterprises have also joined the production suspension list. Currently, the overall daily output of the rolled steel production lines is statistically lower than the previous period. However, after the market trading control for the 316L stainless steel sheet began to end, the supply has resumed logically. The middle and downstream welding stainless steel coil factories and other steel-using enterprises mostly hold the expectation that the raw materials will arrive as per the previous agreements. Moreover, at the beginning of the new settlement cycle, there is some operation. The fundamentals of supply and demand have entered a weak balance. At the same time, the futures market has a relatively weak trend under the influence of the decline in energy prices such as crude oil in the external market. This has suppressed the speculative demand for the 316L stainless steel sheet spot trading. The prices of 316L stainless steel sheet manufacturers have been adjusted locally.