Stainless steel distributors welcome price hikes

Nov 16, 2012 | 04:53 PM | Thorsten Schier

Tags  stainless, Metals Service Center Institute, MSCI, price increases, Thorsten Schier

NEW YORK — Stainless steel distributors have largely welcomed the price increases slated for the beginning of 2013 on flat-rolled stainless products, even though most say it’s too early to tell whether they will stick.

"It’s good because surcharges are supposed to go down again in December," one West Coast stainless distributor said. "I’d like to see the prices firm up, but right now it’s hard to predict (whether they will stick)."....

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