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Stainless steel prices rise as US-China tariff standoff eases

14 May 2025 15:19 reported by Alston Tsai

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The tariff negotiations between the US and China have taken a turn for the better, bringing a positive atmosphere to China's stainless steel market, and prices have stopped falling and rebounded. In addition, steel mills are sticking to their prices, and dealers are more motivated to pick up goods, driving up futures prices.

However, current market transactions may be dominated by speculation, and actual demand remains to be observed. Businesses hope that as tariff policies turn positive and domestic demand stimulus packages are gradually implemented, demand is expected to recover. 

In contrast, in the Taiwan market, circulation prices follow the reduction of upstream steel mills, and current trading volume is stagnant, and there is a strong wait-and-see atmosphere. If the circulation price loosens, the price and sales of upstream mills will face greater pressure.

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