Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending June 2023 North America The price of  Chequered Plates  in North America saw a decline due to the weakening state of the economy. The second quarter witnessed a decrease in the US economy as large banks failed nationwide, leading to a debt crisis. Rising interest rates and inflation also contributed to a negative market attitude. The slumping economy reduced consumers' purchasing power and led to higher levels of local Stainless Steel inventory. In the first half of 2002, Chequered Plates prices steadily increased as the price of feedstock nickel recovered. US mills maintained a high base price, and the addition of the alloy fee resulted in an upward price trend in the US spot market. However, in the second half of the quarter, the market situation deteriorated as the downstream automotive industry's consumption decreased. Inflation affected customers' ability to purchase, resulting in fewer automobile sales. The labor crisis in the USA further decrea...