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Stainless Steel Pipe, Fittings & Flanges: February 2020
February 14, 2020
Current situation:
Nickel prices have fallen over the past 30 days to @$5.84 per lb. ($6.48 in the last update). Warehouse levels were up again this month at 215,802 tons (178,584 tons in the last update).
Producer prices for stainless pipe were lower through January, falling by 3.1% M/M (up 1.9% last month); however, they were up 1.7% Y/Y (up 2.2% last month).
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