• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

Global stainless demand growth rate to slow down in 2012

  • A
  • A
  • A
According to Metals Service Center Institute’s (MSCI’s) specialty metals, though the global stainless demand is weak since this year, it is still rising slowly.

It predicted that the growth rate of the global stainless steel demand would slow down to 4% in 2012 from 8% in 2011, mainly from Brazil, Russia, India and China.

Except these four countries, the growth rate of stainless demand in the other countries will to cease moving.

In addition, the North American stainless steel market will face difficulty to recover to the pre-crisis level, affected by the declined growth rate of the global stainless demand.
News Date 28 Mar 2012 12:00:31 reported by Nann Cheng

LME nickel price to bounce from the bottom...
Stainless steel
21 Nov 2017 09:23
Most Popular