Tag: stainless steel prices
Stainless market upturn for early 2009
Meps has announced that stainless steel prices are likely to slip further over the next few months.
Short term SS price spurts forecasted
Meps has forecast that in the short term stainless steel prices will move even higher due mainly to an unprecedented hike in the price of nickel on the LME during October.
SS prices at record highs
According to Meps, stainless steel prices have reached record levels, and look set to advance still further in the next few months.
Falling SS prices in 2005
Acerinox SA said net profit dropped to EUR 154 million in the full year to December from EUR 313 million a year earlier, hit by falling stainless steel prices and a EUR 41.6 million write down in the fourth quarter against the falling value of the group's nickel stocks.