Flash: Stainless steel mills see little inventory pressure

Published: Mar 1, 2018 11:47

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Stainless steel mills said they have little inventory pressure after the Chinese New Year (CNY) holiday, SMM learned.

SHANGHAI, Mar 1 (SMM) – Stainless steel mills said that they face little inventory pressure after the Chinese New Year (CNY) holiday, SMM learned. Sources said that this is because many mills increased their exports before CNY on concerns that domestic downstream demand would recover slowly in March.

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