Since the economic depression in Europe,coupled with automobile and construction's industry is lack of finance,which are the main fields in consumption of stainless,insiders predicts the demands of stainless will keep in weak level till,maybe 2013,which is the earliest date.
FranzRotter,the board of director in VoestAlpine says"at present there isn't any signals reflecting price refounding in the market,the earliest time of demands rising would be 2013,which is also optimistic estimate.'The main reason is Europe and Worldwide steel market is in facing a heavy shock from Euro Crisis,Economy Recession, Excess Capability,Low Cost Import increasing and increasing speed of Chinese economy is slowed down.Now most stainless mills in the world is runing on empty,few orders even continuous reducing of price,which states Europe's demand of stainless is kept falling.
Excess Capability is still the main problem of Europe and even all of the world.Though utilization rate of capacity of some mills in Euro falls a little,there isn't any enterprises who leave equipments idle,which seems reduction of output is not performed well in stainless mills.
TJC Stainlss Co.,Ltd
FranzRotter,the board of director in VoestAlpine says"at present there isn't any signals reflecting price refounding in the market,the earliest time of demands rising would be 2013,which is also optimistic estimate.'The main reason is Europe and Worldwide steel market is in facing a heavy shock from Euro Crisis,Economy Recession, Excess Capability,Low Cost Import increasing and increasing speed of Chinese economy is slowed down.Now most stainless mills in the world is runing on empty,few orders even continuous reducing of price,which states Europe's demand of stainless is kept falling.
Excess Capability is still the main problem of Europe and even all of the world.Though utilization rate of capacity of some mills in Euro falls a little,there isn't any enterprises who leave equipments idle,which seems reduction of output is not performed well in stainless mills.
TJC Stainlss Co.,Ltd