28
Mar
12:52
Stainless market continues to drag amid falling prices
The European stainless flat steel market has remained weak this month, impacted by uncertainty, overcapacity and lower consumption compared to the peaks seen in 2022. According to coil buyers, consumption is nevertheless in line with pre-pandemic levels of 2018 and 2019.
Service centres are reporting an average level of demand from their clients. The downstream market is still seeing trading activity despite the weaker demand, but margins throughout the value chai…
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Anonymous
Very good overview of the weekly steel market.
Anonymous