Stainless Steel Mills Resume Price Limits, Low-Priced Supplies Decrease, Quotations Become More Concentrated] SMM reported on June 11 that today, the SS futures market showed a trend of stopping ...

Today, the SS futures market suffered a significant setback, with futures prices plunging sharply and breaking through the critical threshold of 12,500 yuan/mt, eventually closing at 12,460 yuan/mt.

Recent tariff hikes in the US on steel and aluminum have significantly impacted the stainless steel market, leading to price fluctuations and supply chain disruptions.