Tag: European stainless steel sector
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What were global stainless steel market trends in Q2CY’24? How will Q3 look like? BIR report
The Bureau of International Recycling (BIR) released its report for the July 2024 quarter, detailing significant challenges and transformations in the global stainless steel industry. In Europe, manufacturers are facing profitability pressures amid rising raw material costs and environmental regulations. Asia is navigating a volatile London Metal Exchange (LME) nickel prices and shifting demand dynamics,…