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| Hot News |
| European stainless steel market to face difficulty in Q4 |
| 2009-11-11 11:27:00 |
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| European stainless steel market to face difficulty in Q4
Patrick Lamarque, the CEO of the Ugitech Corporation, said that the stainless steel demand and price will probably not rebound in the fourth quarter of this year.
He also said that stainless steel sales enjoyed a short rebound in September but fell again after September.
Lamarque reckoned that the market situation would turn better in 2010 but the pace of recovery would be very slow.
He also added that the biggest threat would be the cheap resources from Asia and fluctuating alloy surcharge.
News Date 11/9/2009 8:11:53 AM reported by Kasim Xu |
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