China’s demand for stainless steel may rise as much as 8 percent this year by government stimulate spending inner consumption in the world’s largest metals consumer, said an economist with TISCO chief manager...
Many economists were expecting a global downturn starting last quarter (Q4) in year 2008. Signs of economy downturn including bankruptcy and financial crisis for major banks/ companies worldwide as well as continuous labor reductions occurred...
The US International Trade Commission (ITC) will conduct full sunset reviews on stainless bar anti-dumping orders against imports from France, Germany, Italy, Korea and the United Kingdom.
Construction begins this year on ThyssenKrupp's huge investment in America, which is now 28% more expensive that previously announced and includes a stainless steel meltshop.
