29
Jul
11:52
Aperam sees weak market continuing in second half
Global cold rolled stainless steel production is estimated to have fallen by -12% on-year in the first half of 2020, with every country experiencing a decline in output.
Average utilisation rate is estimated to have decreased from 76% to 63%, with a resulting increase of 2.8 million tonnes in overcapacity. Due to the stainless consumption drop in all major regions resulting from Covid-19 and demand weakness, coupled with new capacity in China and Indonesia, global…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous