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BIR Stainless Steel World Mirror August 2014

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The following article is based on the latest Stainless Steel & Special Alloys World Mirror produced by the BIR world recycling organisation for the benefit of its members.

Indonesia's nickel ore export ban, which seems likely to remain in place for now, continues to be a major discussion point even though it does not appear as yet to have really tightened the physical market in Asia. LME nickel stocks are rising, availability of scrap in Asia looks to be easing and indications suggest leading stainless steel producer China has no short-term deficit of nickel units.

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