TITLE

Nickel, Titanium Users 'Running Off the Cliff'

AUTHOR(S)
Burgert, Philip
PUB. DATE
January 2009
SOURCE
Metal Center News;Jan2009, Vol. 49 Issue 1, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decline of the demand and price for nickel alloys and stainless steel despite its strong end-use market in the U.S. in times of recession. It states the decreasing demand and prices have put too much inventory of products at the distributor level and a lot of them are being sold at a replacement cost. It also leads the stainless steel industry to curtail 30 to 40 percent of its production capacity.
ACCESSION #
37296582

 

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