May 2012 | Base Metals
Largely being ignored: Nickel - Market Analysis
The price rebound was sharp last week, but it seems to have stalled. Unless production cutbacks are announced, prices will remain under pressure.
European stainless demand remain down and out
In this week’s publication we provide an overview of
stainless steel demand around the globe. The weakest link remains
Europe, where there is little doubt about just how weak the stainless
market is. Transaction prices are falling and orders are scarce after
the rebuilding of inventory at the region’s stockist petered out in
early March. With the demand outlook remaining very weak...
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