Stainless Production to shrink

Stainless-steel production will shrink 16 percent this year, contributing to an 11 percent drop in nickel consumption, researcher Heinz H. Pariser Alloy Metals & Steel forecast. Global stainless output will retreat to 22 million metric tons, extending last year’s 7.7 percent decline to 26.2 million tons, Gerhard Pariser, director of market research, told a British Stainless [...]