December 2011 | Welded steel tube & pipe
Stainless steel market will likely remain sluggish for the remainder of the month: Stainless Steel Market Analysis
Next month, some mills in the USA are pushing for a possible increase in base prices for 200, 300 and 400 series stainless steels at the start of the first quarter.
Over the last month, nickel prices have showed a slight rebound with the LME 3-month nickel price reaching a high of $18,415/tonne this month. In spite of the price fluctuations and a slight rally, nickel prices will most likely remain relatively steady in January, following an overall trend of weak demand for stainless welded pipes. MBR’s USA, Pittsburgh 18/8 solid stainless...
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