The current condition and short-term outlook for the stainless steel market is rather mixed. Demand varies by sector. Sales to the automotive supply chain remain quite buoyant, as they have been fairly consistent in recent years. On the other hand, investment in the oil industry is very depressed, as it has been since commodity oil values started to fall, last year. Activity in other stainless steel-consuming segments is patchy, with geographical pockets of optimism dotted around the world.
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