N. America stainless consumption up: Acerinox

Jul 23, 2013 | 07:00 PM | Daniel Fitzgerald

Tags  Acerinox, North American Stainless, stainless steel demand, earnings report, Outokumpu, Daniel Fitzgerald

NEW YORK — North American stainless steel consumption has increased so far in 2013, outperforming the European market, according to North American Stainless Inc. parent company Acerinox SA.

"The traditional inventory replacement process has not taken place this year and inventory levels remain low across all markets, particularly in Europe and the U.S.," Madrid-based Acerinox said. "The downward trend in nickel has caused demand....

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