[SMM Stainless Steel Daily Review] Geopolitical Disruptions Combined with Cost Support Kept Stainless Steel Spot Prices Stable

AI Briefing

• – Spot stainless steel transactions pulled back after arbitrage window closed, with prices mostly remaining stable.
• – Stainless steel mills showed a strong willingness to hold prices firm despite operating at losses with cost support.
• – Downstream end-user transactions remained steady, with market sentiment turned cautious and procurement mainly driven by restocking needs.