Price trend of stainless steel raw materials in October

Price trend of stainless steel raw materials in October

Dashang Wire Mesh has been engaged in the production of stainless steel industry for more than 30 years. The price fluctuation of stainless steel raw materials has always been one of our most concerned 

situations, because the price of stainless steel raw materials directly affects our procurement cost, inventory cost, corresponding production plan adjustment, sales price of stainless steel wire and stainless steel 

woven mesh, and our competitiveness in the market. 

Below we analyze the current supply and demand relationship of stainless steel raw materials in the Chinese market and the corresponding price trend according to market conditions.

In September 2024, affected by multiple factors such as the expectation of the traditional construction peak season, the gradual recovery of market transactions, the relative weakness of costs, and the release 

of China's financial policies, the domestic steel market showed a trend of first suppression and then rise, and a shock rebound.

Now that the National Day holiday is back, on October 8, the price of stainless steel raw materials showed a shock rise. With the introduction of Chinese policies, macroeconomic policies are still being implemented. 

October is still in the peak season of demand, downstream demand release is expected to pick up, steel production will rebound from a low level, and cost support resilience will reappear. It is expected that the 

domestic steel market will show a shock rise in October 2024.

Dashang Wire Mesh always pays attention to market changes, strives to increase inventory, and provides customers with the best quality stainless steel filter mesh with the greatest competitiveness. If you have any needs, please 

contact us as soon as possible! sales@dswirecloth.com