While US stainless steel market prices have continued to soften over the past month it hasn't been that underlying demand has weakened. Rather it is because mill profit margins have been squeezed as inventories and imports rise at the same time as raw material surcharges continue to slide. MBR is having a hard time getting a feel on when things will turn around. Even though mills are largely resisting lowering base prices, they are making some concessions for some of their larger customers.
展开▼
