Stainless steel is a typical high-grade product, based on its huge profit and fierce market competition. The price of stainless steel is very unstable.

The main factors affecting the price are inventory, production and so on. With October approaching, the government is putting more energy into environmental protection projects and strengthening supervision. Factories began to limit production, which led to a shortage of stainless steel inventory. The phenomenon is widespread across the country. So please exporters and importers do not have to be too nervous.

Here is a price fluctuation chart made by our company. In this table, it is clear that the price of stainless steel goes up and down. However, after 2019, the price of stainless steel has maintained an overall growth. Especially after entering September, the price of stainless steel has maintained a continuous increase.