Factory Price For Stainless Steel to Chicago Manufacturer

Mark Wiggett, editor for Platts Global Market Outlook, discusses the weak demand and lack of restocking that beset steel markets in Q2; how prices for raw materials and hot rolled coil have rebounded in the US going into Q3, with Europe and Asia beginning to follow in late June and early July; and how positive Chinese GDP news has encouraged regional prices to begin to rise, together with higher iron ore and scrap prices.