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What goes down for a long time goes up! Chinese steel prices may usher in the dawn of a rise in May ,2023. According to the last trading day of the steel mark
Outokumpu`s stainless steel deliveries slide in Q4 2022 q-o-q, y-o-y
Outokumpu, a leading stainless steel manufacturer in Europe based in Finland, reported that its stainless steel deliveries reached 450,000 tons in the fourth quarter of last year, down by 8.4% quarter on quarter and by 18.2% year on year. During the period, realized prices for stainless steel kept at a lower level in Europe and hiked in Americas, but the prices had an overall drop in both markets.
Stainless steel price rises on the horizon for 2023
This year has been another turbulent period for the global stainless steel industry. However, despite the volatile market, companies throughout the supply chain will post strong financial results. In most cases, a proportion of the profits made earlier in the year will survive the change in conditions experienced during the August to December period.
Stainless Steel Hot Rolled No.1 Coil The properties of stainless steel are corrosion resistance, high ductility, attractive appearance and low maintenance.
Steel tariffs: US government opposes WTO ruling – Stainless Espresso
12 December 2022 – The US government has rejected the WTO ruling on Section 232 tariffs on steel and aluminium. Will the WTO ruling still have an impact? German Finance Minister warns against subsidy race with the United States. And stainless steel prices continue to rise. Impact of higher raw material costs on alloy surcharges expected for January 2023.
WEEKLY: China's stainless steel stocks over November 18-24
Source: Mysteel Nov 28, 2022 Stainless steel
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Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.