Copying and distributing are prohibited without permission of the publisher

Outokumpu USA follows moves to raise stainless steel prices

June 26, 2014 - 22:31 GMT Location: New York

KEYWORDS: stainless steel , stainless prices , North American Stainless , NAS , Outokumpu Stainless USA

Outokumpu Stainless USA has jumped on board a push to raise stainless steel prices, the third of four companies to increase their prices for July, Metal Bulletin sister title AMM has heard.

Market participants remain skeptical that the increases will stick, however, if there is no backing from industry leader North American Stainless (NAS). Distributor sources voiced skepticism that NAS would choose to follow this latest increase, as well as concern that escalating base prices could hurt the robust demand for material seen...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

subscribe to this feed Comment & analysis

Upcoming Events

MB Glossary

From Aluminium to Zinc...
Search this free glossary on metals

Try the new Metal Bulletin BETA site...

We've added some great new features and tools which we think you'll find useful:

  • Easier to use navigation including links to new sections
  • Cleaner interface for the Price Book with easier to use data views
  • More dedicated pages for specific metals e.g chrome, antimony, nickel
  • Better search tools for news and prices with handy filters

Simply click 'Yes please' below to go straight to the BETA site
(Please note: you will need to log into the BETA site on your first visit. Plus you can return to the original site any time you wish)