May 2012 | Stainless Steels
North America remains most resilient market: Latest Analysis
The weakness seen in Chinese steel demand at the start of the year recurred this month, however, unlike in January, this time the numbers were not revised upwards
The continued sovereign debt saga in Europe continues to drag on end-use demand. Specifically stainless consumption growth is being hampered by poor construction and weakening automotive demand. While Greece continues to depress the Eurozone’s sentiment there is little hope for a recovery in the market, with further issues if other countries, such as Spain, start to experience similar debt problems.The weakness seen...
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