August 2012 | Base Metals
Reluctant to be short given the low price and likelihood of supply cuts: Nickel - Market Analysis
The downtrend dominates, but dips continue to attract buying. At these price levels we would expect to see more evidence of production cutbacks. However, proof of cutbacks may well be needed before prices stabilise.
Global stainless steel market health check
In a softening global marketplace, the US stainless steel market remains well positioned, but it continues to suffer from a seasonal weakening of demand during the summer months. The actual underlying level of real demand has, at least thus far, held up fairly well, especially in the automotive...
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