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 including:

  • Easier to find the content suitable for you
  • Improved Price Book functionality
  • Better search function

Simply click 'Yes please' below to go straight to the BETA site (you can return to the original site any time you wish).