Tuesday, May 01, 2007

Nickel content in stainless steel declining [MEPS]

Soaring nickel prices [see daily price chart at http://www.steelonthenet.com/feeds/nickel.php] are driving buyers of austenitic stainless steels to substitute products. Although much of the substitution is taking place within stainless steel (especially in favour of type 430 ferritic and of 200-series grades), coated carbon steels are coming increasingly into consideration.

For the latest report on these trends, visit MEPS at http://www.meps.co.uk/editorial4-07.htm.

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