As 2026 begins, Indonesian stainless steel prices have surged nearly $200/mt, breaching the $2,000 CIF barrier despite a sluggish global economy. The industry now faces a critical question: is this cost-driven rally sustainable, or is it a bubble waiting to burst as supply ramps up?
[ SMM Tin Midday Review: The most-traded SHFE tin contract extended gains by 7%, prices consolidated at high levels after exchange adjusted % change limits ]