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Key Takeaways:

• Chinese Stainless Steel HR Plate prices climbed x.xx month-on-month to $x,xxx/mt in August xxxx
• Stainless steel HR Plate mills boosted xxx-series production by x.xxx as profits started returning
• HRC feedstock held steady at $xxx/mt, creeping up from June&#xx;s rock-bottom $xxx/mt
• Auto buyers came back to life with x.xxx million vehicle sales, including x.xxx million EVs
• Construction equipment operators stayed busy: excavator sales jumped xx.xx yearly, loaders up xx.xx
• Mill warehouses finally started emptying as inventories dropped to comfortable levels

Regional Analysis and x-Month Context

Chinese Stainless Steel HR Plate prices have a story of resilience to tell after a tough first half. Mills saw prices decline aggressively from a solid $x,xxx/mt in March to a troubling $x,xxx/mt in June - a painful x.xx drop that made many question their business model. July&#xx;s slightly improved $x,xxx/mt offered the first glimmer of positive news, and August&#xx;s...