MB STAINLESS LJUBLJANA: Stainless demand from EU white goods sector expected to fall

The use of stainless steel in the production of white goods in the EU is falling because of cost pressures and consumer design preferences, Thorsten Störmer, director of purchasing at German white goods manufacturer Miele, said on Tuesday September 5.

The falling consumer prices of white goods such as washing machines over the past 20 years has led to increasing substitution of stainless steel with carbon steel or plastic, Störmer said at Metal Bulletin’s stainless steel conference in Ljubljana, Slovenia. The average price of of a washing machine in Germany has fallen from €728 ($867) in...

Published

Viral Shah

September 06, 2017

13:48 GMT

Ljubljana