[SMM Stainless Steel Flash] Indonesian Stainless Steel Offers Reduced

Published: Jul 9, 2026 16:27

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According to SMM, Indonesian stainless steel export offers have seen a sudden downward adjustment, with prices falling by more than $50/mt from previous levels. This round of price cuts reflects still-weak overseas demand, stronger price pressure from buyers in some regions, and Indonesian exporters’ willingness to offer concessions after holding firm earlier, in an effort to stimulate transactions.

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