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30 January 2012
Global stainless steel production has begun to pick up with increases in demand expected to last for the next few months.
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23 December 2011
Next month, some mills in the USA are pushing for a possible increase in base prices for 200, 300 and 400 series stainless steels at the start of the first quarter.
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23 November 2011
The stainless market has continued to see firm demand, but a global surplus of nickel has put strong downward pressure on prices.
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27 October 2011
We expect production levels of stainless welded pipe and tubes to gradually decrease over the next month.
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28 September 2011
We expect stainless welded tubing prices in the fourth quarter to experience downward price pressure.
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26 August 2011
despite a $100/tonne price reduction across Asia, currency appreciation has hurt the stainless steel export market.
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21 July 2011
Global stainless capacity utilisation has declined with about a 60% average utilisation rate seen in the USA and a 50-55% utilisation rate seen in Europe.
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30 June 2011
Low demand is applying downward price pressure.
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27 May 2011
As we forecasted last month, Chinese stainless steel prices continued to slide on weaker demand as the market confronts softening raw materials prices and increasing stock levels.
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29 April 2011
The last couple of months have seen some strong increases from the distributor sector.
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31 March 2011
Base prices for 304 2B 2mm CRC are now in the range of €1,120-1,250/tonne, up from €1,110-1,120/tonne as lead times for standard grades at European mills have extended and trader inventories have been drawn down in Central Europe.
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28 February 2011
Base prices for 304 2B 2mm CRC are now trading in the range of €1,100-1,200/tonne ($1,506-1,643/tonne) in Northern Europe with slightly weaker prices in Southern Europe averaging €1,105/tonne ($1,512/tonne).