EUROPE STAINLESS STEEL: Demand picks up but pricing outlook still negative

The pricing outlook for stainless steel in Europe remained negative despite recent good demand, sources told Fastmarkets on Friday January 18.

One distributor has sold the tonnages it forecast so far in January, but that amount of demand was looking surprisingly positive. But this was in the context of recent better months. Compared with earlier, more economically buoyant times, demand is underwhelming from traditionally key areas such as the German automotive sector. Despite the recent pick-up in...

Published

Ross Yeo

January 18, 2019

18:52 GMT

London