Stainless Steel Me

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The trend in stainless steel prices is still downwards as it has been over the last 12 months. After early rises in 2012 this was quickly reversed, over the year to date falls are around 15%. Prices are at the point where mills will struggle to keep...

On weak demand from European customers stainless steel surcharges have again fallen.  The price of Nickel remains weak having dropped through the key barrier of $16,000 per tonne there is no short term signs of reversal. Its now into the summer holi...

Surcharges announced today by Outokumpu show that they have remained fairly level. Nickel has moved around the $16,000 -  $17,000 per tonne range, so this has kept surcharges fairly constant. The feeling is that surcharges and stainless steel prices...

The first reaction to the news that an in depth review of the planned merger between Finnish stainless steel producer and German based Inoxum was one of shock for most. But given the size and nature of the proposed merger wasn’t any surprise.

Surcharges announced this week by Outokumpu show further falls for most stainless steel grades. Nickel prices have continued to fall since the middle of February from levels close to $22,000 per tonne down this week to below $17,000 per tonne. Most...