Stainless steel plant furnace stew.
Stainless steel pipe prices have returned to near breakeven point, steel production and profits have fallen nearly 1000 Yuan/ton from April to 150 Yuan/ton. Some steel mills profits of less than 100 yuan per ton, after deducting all expenses, actual or have lossmaking 20 to 50 Yuan/ton, the situation does not seem optimistic for stainless steel pipe business in the second half.
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