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Volumes of production of stainless steel in the current year: expert opinion divided

The predictions of market analysts about whether the volume of production of stainless steel in 2012 (compared to last year) rise, there is no consensus. As experts of the analytical agency MEPS (UK) suggest that the sector is alloyed metals await positive outlook. In particular, the company's experts argue that by the end of this year all over the world will be issued 34 million. Tons of stainless steel, which is 0.8% more than in 2011.

By the way, MEPS forecasts published by the Agency in early November, optimism spread not only in the IV quarter of this year, but at the beginning of the following: English connoisseurs of the market predict that the last few months to conduct industry manufacturers will typically increase nickel surcharges, and after the New Year holidays start to rise (though not too fast) and base prices for stainless steel metal.

In contrast to the British analysts, the experts of the German company ELG Haniel GmbH, specializing in the sale of steel products, declare: stainless steel production volumes in the current year will be reduced. The reason for that — said analyst Michael Wright — the economic downturn in Europe and the suspension of the development of industry in the PRC. Due to these factors, in the coming months you can expect a decrease in demand for stainless steel in sizes 4−5% of the performance of the past year, which naturally negatively displayed on prices and production rates.

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