Research

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

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November 2019 | Stainless Steels


Prices down and further erosion to come: Latest Analysis


Producers continue to struggle against declining margins in Asia as well, where slowing demand growth in China above all has seen producers there look to ship excess material to other markets where possible.

Prices down and further erosion to come

When nickel prices move sharply, so too do prices of nickel-containing grades of stainless steel. Typically, in Europe and the USA, those movements arrive about a month later once they are passed on via changes to alloy surcharges. Recent months have seen this trend break down in Europe, however, where stainless steelmakers have increasingly had to...

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