August 2018 | Stainless Steels
Seasonal slowdown drags on market: Latest Analysis
The near-term outlook is not particularly bright either with prices in Europe and the USA looking very likely to fall again with the beginning of Q4 in October.
Seasonal slowdown drags on market
While a typically slow month in Europe, August has not been kind to stainless steel producers anywhere in the world. Prices on most products have slipped for the second consecutive month amid a continued wide sell-off of risk assets such as emerging market currencies and commodities. With both chrome and nickel prices coming...
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