Stainless steel distributors await demand
Sep 24, 2012 | 02:53 PM
| Thorsten Schier
NEW YORK Stainless steel distributors hope that rising October surcharges will lead to increased demand, as buying has failed to grow as much as expected after the typically slow summer.
"Things havent really jumped here," a Midwest distributor source said. "But if people have been holding off, its pretty clear that weve bottomed out on prices."
However, he added that he would continue to be very cautious with inventory. "Im not really confident that Im going to get consistent demand."....
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