July 2009 | Ferro-alloys
Outokumpu to start ramping back, slowly: Nickel highlights
Nickel prices climb back up to $15,000/tonne.
The big news of the week was Outokumpu’s announcement that it will ramp stainless steel production up from 50-60% to 60-70% for Q4. It said the reduction of inventories by distributors and end-users seems to have ended and the recent increase in the nickel price has triggered some purchasing activity. This is another encouraging sign...
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