Tag: Rising costs
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How Rising Input costs and Poor Demand making Global Stainless-Steel Industry bleed?
The year 2019 is proving to be particularly bad for global stainless steel (SS) industry due to poor demand from end-user segment and rising nickel prices (a key raw material) that are resulting in falling margins for the SS manufacturers. Nickel which a key raw material for stainless steel sector is playing a spoilsport for…