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304 stainless steel coil market situation

Stainless steel coil to show the effect of energy production. This year is to the first year of production capacity, the region, the relevant departments and enterprises to actively promote the work of steel to work, is expected to exceed the full year to complete the task.

With the advance of production capacity, not only to the market supply surplus situation has been eased, 304 stainless steel coil stocks continue to decline, and changed the market pessimistic expectations, trading tends to active, for the 304 stainless steel coil rebound to create a good market atmosphere.

Again, raw material costs rise,pushing 304 stainless steel coil to rise further. Significant progress has been made in the structural reform of the supply side of the coal industry.

Coal production fell, the market from oversupply to stage shortages, to stimulate prices. Coking coal, coke prices were up 160% over the beginning, 191%.


About Jaway

Jawaysteel Co., Ltd., founded in 1998, is a professional manufacturer and global exporter specializing in stainless steel and normal steel manufacture and exportation. In recent years, winged by rapid merge and expansion, Our well-equipped plants emerged in Dainan, Jiangsu Province , with two Export offices respectively located in Shanghai and HongKong catering to a lager scale of customers from both home and abroad under the banner of supreme service.
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