South korea’s stainless steel marke sales target may adjust down

It is reported that South Korean stainless steel market demand remained strong last year, therefore, South Korea to raise sales target by 10-20%. Unexpectedly this year, South Korea”s stainless steel market demand for four consecutive months of downturn trend, the prices continued to fall, sales and revenue also faced great pressure.

Related industry said that stainless steel market demand is expected to slow down the beginning of April this year, most of mills are likely to adjust down their sales target and prices in near future.

Collected by kaysuns.com