This article discusses how the rising demand for stainless steel is driving up nickel prices, which is one of the key components of stainless steel. The article also notes that stainless steel producers are struggling to keep up with demand, leading to supply chain disruptions.
"US stainless steel prices rise as industry recovers from pandemic" (source: S&P Global Platts, April 2021)
This article discusses how the US stainless steel industry is recovering from the impact of the pandemic, with prices on the rise as demand picks up. The article notes that stainless steel mills are struggling to keep up with demand, leading to longer lead times for customers.
"Outokumpu sees strong demand for stainless steel as economy recovers" (source: Reuters, January 2021)
This article reports on the strong demand for stainless steel that Outokumpu, a Finnish stainless steel producer, is seeing as the global economy recovers from the pandemic. The article notes that the company expects demand to remain strong in the coming months.
Overall, these articles suggest that the stainless steel industry is experiencing strong demand and price increases as the global economy recovers from the pandemic.
NEWS