Industry News

BIR: Global stainless steel demand expected to slide by 12% in Q2

Views : 262
Update time : 2020-08-13 22:18:40
According to the Bureau of International Recycling (BIR)’s Stainless Steel & Special Alloys Committee, global stainless steel demand was expected to drop by 12% in the second quarter of this year, reaching 11.9 million tons.

Besides, the global nickel demand for electric vehicle battery industry of this year was foreseen to slide by 15% year on year.

The overall demand for nickel in every industry will decline by 7% this year.
Related News
Read More >>
India’s SMEL posts 59% surge in stainless steel production in Dec 2024 India’s SMEL posts 59% surge in stainless steel production in Dec 2024
Jan .09.2025
India’s SMEL posts 59% surge in stainless steel production in Dec 2024
Metro Mining's bauxite shipment grows by 24% in 2024 Metro Mining's bauxite shipment grows by 24% in 2024
Jan .09.2025
Metro Mining's bauxite shipment grows by 24% in 2024
Indonesia continues AD duty imposition on hot-rolled flat-rolled products in coils from 7 countries Indonesia continues AD duty imposition on hot-rolled flat-rolled products in coils from 7 countries
Jan .09.2025
Indonesia continues AD duty imposition on hot-rolled flat-rolled products in coils from 7 countries
Nickel Asia in negotiation with SMM for stake sales in CBNC Nickel Asia in negotiation with SMM for stake sales in CBNC
Jan .09.2025
Nickel Asia in negotiation with SMM for stake sales in CBNC