Mr Kulmeet Bawa
August 29, 2022
October 22, 2021
Tight supply and steep price hikes for bulk ferro-alloys and other stainless steel inputs are encouraging a shift in buying behaviours, with market participants leaning away from back-to-back spot trades.
Several large European mills have already secured material for the first quarter of 2022, increasingly aiming to stockpile material rather than rely on hand-to-mouth top-ups from the spot market that have become subject to extreme delays and risks of cancellation.