Global cuts in stainless flange production

The current slowing down of economic growth has subdued the demand for stainless steel flanges. In fact, countries all across the world are cutting back on the production of these products, which means that not only China’s steel industry is facing a complicated and difficult situation.

However, some optimists in the industry believe differently. They point out that the prices for stainless steel flanges will be supported by raw materials costs so that the global stainless steel flanges production will present an upward trend again and hopefully soon.

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