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July 2011 | Welded steel tube & pipe


Uncertainty clouds the stainless steel markets: Stainless Steel Market Analysis


Global stainless capacity utilisation has declined with about a 60% average utilisation rate seen in the USA and a 50-55% utilisation rate seen in Europe.

There is a general air of uncertainty in the global stainless steel markets, including concerns about the global economy (especially with the European sovereign debt crisis, questions of whether the USA will raise its debt ceiling in time to avert default, and China’s lower steel output). But, perhaps more than that have been concerns about the impact of nickel prices on stainless steel buying. While underlying demand for stainless steels has...

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