Stainless Cold Flat Steel Price Keeps Rising

Japanese cold rolled stainless flat steel price keeps increasing since spring of 2006. The supply is tight in Europe and China lifting Japanese price. Nickel ingot price surged at London Metal Exchange since July hitting record at more than US$ 15.5 per pound. With the surging stainless price, someone gets away even utility hole in Japan. The price shows no sign to peak out when Japanese stainless makers are expected to increase the price in December.