Stainless prices to rise in Q4 2016 on robust raw materials demand, Damstahl says

摘要

EU stainless steel base prices are likely to rise in the fourth quarteramid robust demand for nickel and chrome, Danish distributorDamstahl said in its monthly stainless steel briefing.The London Metal Exchange three-month official nickel price hasbeen above $10,000 per tonne for the whole of the alloy surchargecalculation period for November, while the quarterly 52% lumpyferro-chrome settlement rose to $1.10 per lb on September 26, from$0.98 per lb on June 22.