Nickel Glut Weighs on Stainless Steel Despite U.S. Tariff Support
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Via Metal Miner The Stainless Monthly Metals Index (MMI) moved sideways, with a modest 0.32% increase from July to August. Though it also remained flat for the month, the nickel price continued on an overall downtrend. Stainless Mills Note Weak Demand Despite a round of price hikes in recent months, the stainless market remains weak, with no evidence of a turnaround. Supplier financial results from Q2 indicate that while tariffs improved pricing conditions for mills, U.S. service centers struggled amid lackluster market conditions. For example,…Weiter zum vollständigen Artikel bei OilPrice.com
Quelle: OilPrice.com
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