Commodity Market Report
Global Stainless Steel Strategic Planning Outlook - Q2 2022
Report summary
The post-Covid rebound is over. Stainless prices are now falling as demand falters on global economic concerns. China may improve as Covid restrictions ease further after the recent outbreak but Q3 is still at risk. But as Europe heads into the summer break no improvement is likely there before September. With nickel, chromium and molybdenum prices also falling, stainless transaction prices will go lower over the mid-term.
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