Building DK Building SE Electronics DK Energy DK Food DK Food SE Metal Metal DK Metal NO Metal SE Retail DK Wood DK
 

Stainless steel strip mill product prices rise 5.5 percent in February

- By Charlotte Stubben

World average stainless steel transaction values recorded significant gains in February in line with predictions made by MEPS (International) Ltd.

Prices increased in all regions researched on the back of higher input expenditure.

European and US mills implemented basis advances for most products due to growing sales volumes, mainly as a result of restocking throughout the supply chain. End-user demand, however, remained slow.

Rising raw material costs are likely to result in austenitic stainless steel selling figures increasing over the next few months.

Buying activity
Buying activity is predicted to improve in the short term, helping world mills to apply further price advances. However, the slow economic recovery could limit end-user demand and restrict producers' attempts to achieve further significant hikes.

Write Comment
Popular Articles

Sign up for our newsletter
Already 11,395 subscribers.
View the latest newsletter.
Follow us on:

See allNews from the companies

Filtration & seperation

October 27, 2014 12:00 AM
ultrafilter Skandinavien ApS

When we have the desire to become the food industry's preferred supplier of filtration, we must of course meet us at booth 9882

New agreement with Esbjerg Maritime Service (EMS)

October 21, 2014 12:18 AM
Specialcontainer.dk

Spe­cial­contai­ner.dk has entered a collaboration agreement for the future sale of offshore DNV 2.7-1 approved containers and sling in Esbjerg with one ...

DNV 7" operator panel including software as starter kit

October 22, 2014 10:06 AM
Smart Automation ApS

Now You can get a DNV approved 7" Italien designed operator panel as a starter kit. Including JMobile Software Studio

October 15, 2014
October 14, 2014
October 10, 2014
October 8, 2014
October 7, 2014
October 6, 2014
October 2, 2014
September 29, 2014
September 25, 2014
September 24, 2014
September 23, 2014