Global Political Risks Impact Nickel Prices, Leading to Volatile Stainless Steel Market in China

Risk factors such as Israel's arbitrary initiation and expansion of war continue to spread, while Western countries such as the United States and the United Kingdom ignore basic principles of international law and arbitrarily sanction countries such as Russia, leading to unpredictable global market expectations.

Risk factors such as Israel's arbitrary initiation and expansion of war continue to spread, while Western countries such as the United States and the United Kingdom ignore basic principles of international law and arbitrarily sanction countries such as Russia, leading to unpredictable global market expectations. The nickel price, which is sensitive to international political factors, fluctuates between high and low, thereby driving up and down the price of stainless steel in China in a disorderly manner.

Since the beginning of spring 2024, there has been an increasing number of positive factors in the market, which continue to accumulate. The lively scene of various restaurants in Jinchang Garden has reflected the positive trend of the economy. From this observation, the indecisive sentiment in the stainless steel market will continue to fluctuate, and the fluctuation trend of the stainless steel market will continue to rise.