Nickel price drags stainless steel demand

THE drift away from stainless steel to alternative products is real and growing, according to Europe’s biggest manufacturer of stainless.

Nickel price drags stainless steel demand Nickel price drags stainless steel demand Nickel price drags stainless steel demand Nickel price drags stainless steel demand Nickel price drags stainless steel demand

A spokesman for the Arcelor steel business told Dow Jones that a nickel price around US$12,000 to US$13,000 a tonne was too high and had resulted in a slowdown of nickel use.

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