January 2012 | Stainless Steels
Weak end-user demand persists, but some restocking is positive: Latest Analysis
Purchasing has picked up in both Europe and North America, though this is apparent consumption by stockists in anticipation of end-user orders
The return from the Christmas break has traditionally been met with restocking in Europe and the US. Both stockists and end-users would destock in December in light of a weaker market and also for accounting reasons. So, by January they needed to bring in material to satisfy the January resumption. However, since the economic crash, this seasonality...
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