Stainless steel demand picks up steadily

With the global economy picking up, stainless steel demand is picking up. In addition, the potential market for stainless steel is vast, and it can continuously provide the impetus for stainless steel demand. According to Li Cheng, in the first half of this year, China imported 580,000 tons of stainless steel and exported 680,000 tons. For the first time, exports exceeded imports. In addition, the nickel price is currently stable at more than 20,000 US dollars, and stainless steel prices are strongly supported by nickel prices. All this shows that as the global economy picks up, demand for stainless steel is picking up.

Stainless steel has longevity, safety, environmental protection, hygiene and other characteristics. In the future, the stainless steel potential application market can be explored in four areas: construction engineering, transportation and transportation, industrial greening, and urbanization. “A bridge in Hong Kong has used stainless steel for structural materials in order to achieve a design life of 120 years. I have just seen it a while ago. The Zhuhai-Macao Bridge is also planning to use stainless steel.” Li Cheng introduced, in the field of construction engineering In the past, stainless steel was used only for decoration and accessories. Now to achieve longevity and maintenance-free, stainless steel has expanded to structural materials (roofs, steel structures, concrete reinforcement) and so on. In addition, as people's living standards continue to increase, the use of stainless steel supplies has become more widespread. This is also a big market.