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US' stainless steel shortage expected to continue in short term

6 May 2021 16:41 reported by Sharon Hung

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In the US, the imbalance between the supply and demand of stainless steel flat products caused by the epidemic will intensify in the coming months. In this market, severe shortages are unlikely to be resolved in the short term.

It was expected that demand will further recover from now to the second half of 2021. Driven by construction and important infrastructure investment, the supply chain will bring greater pressure.

When the activities of the automobile industry and the home appliance industry increase, distributors across the US quickly depleted inventory. Among them, the consumption of coils and plates is the most obvious, and the resale value has reached the highest level in history.

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