Underlying demand for stainless steel will remain solid in both Europe and the United States in the second quarter of 2018, Finnish stainless steelmaker Outokumpu said.
Stainless steel base prices will trend higher in the US, supported by steel import tariffs, the company said on Thursday April 26.Meanwhile, domestic prices in Europe will remain under pressure due to competition and growing volumes of imported material from Asia.And stainless steel deliveries are set to be relatively flat compared with the first quarter in all business areas, it...