05
Mar
14:56
Automotive rebound, vaccine-driven sentiment lifts stainless demand: Afarak
Positive vaccine rollout news should trigger a recovery in demand for stainless steel and therefore chrome, with China the main driver, says Finnish-headquartered Afarak Group. The expectation is based on the “tangible signals of recovery” coming from the automotive market, it adds.
Afarak lost control over its South African Mogale Alloys ferrochrome unit last year when creditors voted for the sale of the subsidiary after it was put into business rescu…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous