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Outokumpu USA follows moves to raise stainless steel prices
June 26, 2014 - 22:31 GMT
North American Stainless
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.
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