First, industry and market dynamics

High-quality development of stainless steel industry: According to China Steel News Network, in the face of the complex and changing economic situation, stainless steel enterprises actively respond to seize the opportunity of scientific and technological and industrial change, and make new progress in scientific and technological innovation, product research and development, market expansion, etc., to promote the high-quality development of the industry.

Stainless steel futures and spot prices: recent stainless steel futures and spot prices show fluctuating trends. For example, in November 2024, stainless steel futures prices experienced a rapid shock to the downside after seeking a rebound, while spot prices followed the fluctuation of futures prices. In addition, the total amount of stainless steel inventory resources in regional markets has also changed, reflecting the dynamic adjustment of market supply and demand.

Second, enterprise dynamics

Enterprise patents: some enterprises have obtained stainless steel-related areas of patents, such as Shanghai Tianshi Metal Products Co., Ltd. obtained a controller stainless steel metal panel patent, the patent aims to prevent the control panel display and keys are mistakenly touched as well as wear and tear, to extend the service life.

Business performance: Wujin Stainless, for example, the company recently released financial data, although operating income and net profit fell year-on-year, but the company in the field of industrial stainless steel pipe and fittings still maintain a strong market competitiveness.

Third, the policy and standards

Stainless steel industry policy: the government and related organizations have introduced a series of policies to support the development of the stainless steel industry, including promoting green low-carbon transformation, strengthening scientific and technological innovation, and promoting market expansion.

Food safety standards: national food safety standards for stainless steel tableware material requirements, migration limits and other indicators to make more stringent provisions to protect the health and safety of consumers