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

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July 2018 | Stainless Steels

Prices slip on lower chrome, nickel: Latest Analysis

Aside from pricing, the major development this month in global stainless steel markets is the decision taken by the European Commission to impose a system of quotas and tariffs on exports of various steel products (including stainless steels), at least through until February 2019.

Prices slip on lower chrome, nickel

After some six months of prices increasing gradually each month, August will see stainless steel prices in most parts of the world fall. This follows sharp pullbacks in nickel prices in recent weeks but stainless steel prices are also falling as a result of declining chrome prices. The pullback in prices is likely to continue through...


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