30
Jul
01:00
Acerinox foresees stainless sector improvement after September
Current high stock levels and the fall in nickel prices will result in deferred purchases and a general contraction of apparent consumption of stainless steel in the third quarter, Spain’s Acerinox tells Kallanish.
The company’s Q3’s results will reflect a worsening in market conditions and the general lower activity of the summer months. However, from September onwards, a re-adjustment in stock levels should result in an overall improvemen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous