Tag: Middle East stainless steel
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US tariffs disrupt stainless steel market recovery despite early 2025 optimism – BIR
Indian buyers prefer domestic scrap, semis Oversupply persists in Chinese stainless steel market The May 2025 issue of the BIR World Mirror on Stainless Steel & Special Alloys highlights how early signs of market recovery were abruptly disrupted by new US tariffs, reigniting global uncertainty and dampening demand. While some regions initially saw improved order…