Recently, the market price of 304 stainless steel wire rope mesh has remained generally stable, with minor adjustments for certain specifications. Affected by fluctuating raw material costs and weak downstream demand, trading activity has been subdued, with cautious offers from traders and limited purchasing willingness from end-users, leading to a strong wait-and-see attitude. On the supply side, some steel mills maintain normal production, but inventory pressure has increased. On the demand side, slowing manufacturing growth has resulted in no significant order growth. The supply-demand imbalance has led to a market stalemate, with prices expected to fluctuate narrowly in the short term.
