Industry News

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

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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.
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