Sign up for free MEPS steel news alerts

  Home Company Profile Steel Industry Analysis Meps Publications Consultancy Independent Studies
 
MEPS Steel Prices On-line MEPS Steel Reports On-line MEPS Industrial Sector Steel Price Index

Company Profile
Steel Industry Analysis
MEPS Steel Publications
Steel Consultancy
MEPS World Steel Prices
Independent Studies
Request Free Publications
Steel Statistics
MEPS Index Steel Prices
Subscribe to Publications
MEPS Steel News
Industry News
MEPS Sponsored Events
Steel Links
Subscription Rates
Add Link To Website
Content for Websites
Contact Us
Site Map

MEPS STEEL PRICES ON-LINE
World Carbon Steel Price
World Carbon Steel Price Index
EU Carbon Steel Price
EU Carbon Steel Price Index
Asia Carbon Steel Price
Asia Carbon Steel Price Index
North American Carbon Steel Price
North American Carbon Steel Price Index
Flat & Long Carbon Steel Price
Flat & Long Carbon Steel Price Index
All Products Composite Steel Price & Index - Free
Stainless Steel World Price
Stainless Steel World Price Index
EU Stainless Steel Price
EU Stainless Steel Price Index
Asia Stainless Steel Price
Asia Stainless Steel Price Index
North American Stainless Steel Price
North American Stainless Steel Price Index
Home > MEPS Steel News - 17.01.2013

WORLD STAINLESS STEEL MARKET ROUND UP FROM MEPS

MEPS International (Ltd) forecasts rising world stainless steel prices in January 2013 on the back of recent increases in raw material costs. Speculative buying by some traders is expected to add to the upward pressure on transaction values in the near term. Growing end-user demand, particularly in China, could also help to lift prices.

Market fundamentals during 2013 will be challenging as the threat of oversupply remains. Consequently, advances in selling figures could falter around the middle of the year. Reduced activity over the winter season could result in prices slipping further during the fourth quarter.

Nickel values are expected to climb in the first quarter of 2013. However, fundamentals are weak, particularly in developed nations, and nickel is expected to be in surplus over the next twelve months. This is likely to weigh on prices as the year progresses.

Source: MEPS - World Stainless Steel Price Table

Sign up for free MEPS steel news alerts

Enter e-mail address *Required

Name:      


Company: 
If you are a journalist please tick here: