China’s stainless steel, NPI demand will find it difficult to recover strongly in H1 despite housing industry stimulus packages

China’s market participants do not expect a strong recovery for the stainless steel and nickel pig iron (NPI) markets in the first half of this year, despite the central and local governments’ housing stimulus package.

Stainless steel is mainly used for property renovations and home appliances, but although the Chinese housing market has seen a big increase in 60 major cities this February, there has...


Jessica Zong

Dylan Duan

March 02, 2023

07:47 GMT