Month: May 2020

Global Stainless Steel Market Faces Protracted Recovery from Covid-19

Stainless steel purchasing activity remained at a fairly high level during the first quarter of 2020, as customers continued work on ongoing projects, or took delivery of material from existing…

Brazilian Flat Product Prices Stabilise, while Mexican Values Fall

In Brazil, prices of coil and plate are relatively steady, amid reduced purchasing from distributors and depressed end-user consumption. A number of observers express concern regarding the government’s handling of…

US Steelmakers Announce Second Round of Price Hikes, But Will They Stick?

US steel producers increased their list prices, in the past few days. This follows an initial announcement, in late April/early May, when domestic mills attempted to draw a line in…

Northern European Longs Prices Under Pressure as Southern Mills Resume Production

Long steel product mills, in Spain and Italy, have resumed operations but demand, in their home markets, is poor. Consequently, as they seek new markets, selling values are expected to…

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