Distributors wary of bullish stainless outlook
Jan 24, 2014 | 05:31 PM
| Rey Mashayekhi
NEW YORK Stainless steel service centers and distributors agree that Metals Service Center Institute (MSCI) figures for 2013 indicate the market has improved from 2012, but remain wary of such figures suggesting further improvement in 2014, industry sources told AMM.
Stainless shipments totaled 124,400 tons in December, according to the latest MSCI data, up 10 percent from 113,000 tons a year earlier, signaling a stainless market that has benefited from better demand and a more positive economic climate, although 2013 shipments of nearly 1.77 million tones were up only 0.7 percent from 2012 (amm.com, Jan. 17).....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.