Mid-Year Specialty Report: Stainless Slows, But Remains Solid

Triplett, Tim
July 2005
Metal Center News;Jul2005, Vol. 45 Issue 8, p30
Trade Publication
The article presents information on the market potential of stainless steel. Though demand for stainless has eased in automotive and other sectors, and imports are on the increase, order activity and pricing should remain at healthy levels. Automotive industry has been negatively affected by the surge in inventories of carbon, and to a lesser degree, stainless steels, weighing down the profitability of automakers and their parts suppliers. Today, stainless steel is roughly a 63 billion dollars market, with flat products accounting for 51 billion dollars and long products 12 billion dollars.


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