Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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October 2019 | Stainless Steels


Prices stabilize as clouds gather: Latest Analysis


Looking ahead to December and early 2020, price stabilization and possible easing appear likely. Stainless steel producers have struggled as of late to pass on rising raw material costs in full to consumers, particularly in Europe.

Prices stabilize as clouds gather
After the sharp, nickel-induced rises of the past couple of months, stainless steel prices will be relatively stable through November. The recent ramp-up in nickel prices appears to have lost steam while chrome prices continue to move in merely incremental terms.

Looking ahead to December and early 2020, price stabilization and possible easing...

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