Enter the buyers'market

摘要

Stainless steel purchasing has been falling rapidly,keeping supply loose,leadtimes the shortest since early 2004 and prices the softest since the spring of 2006.In a nutshell,the fact of"incredibly weak economies in North America,Japan,China and western Europe underlies why the metal's demand is falling so precipitously worldwide,"according to analyst Jim Lennon,chief of Macquarie Bank's commodities research unit in London.