13,744.64 TRY BIST 100 BIST 100
53.21 EUR EUR EUR
46.33 USD USD USD
6.89 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
99.41 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

China's stainless steel futures rise greatly this week

Stainless steel futures in China surged this week. In addition, the order volume received by domestic steel mills has gradually increased, which was significantly better than the order received in December 2021.

China's stainless steel futures rise greatly this week

The stainless steel price in January this year strengthened as a whole. Therefore, China mills have also raised their offers in response to nickel prices.

However, due to the fact that actual market demand is not strong before the Lunar New Year, the participants still have a strong bullish atmosphere.

Driven by better profits and new orders, the mills actively increased their production, and the delivered volume after long holidays was expected to increase.

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