Stainless steel prices flat to lower in Feb

摘要

Stainless steel prices in the United States were mostly flat to lower month on month in February, despite reports that surcharges rose modestly and base prices were unchanged. Orders for stainless steel products have surged recently after surcharges came down in January and service centers sought to build up their inventories, which had fallen to low levels in December, according to a midwestern distributor. But this surge in demand is less significant than it seems, the distributor added.