Profit taking: Raw materials take a breather – Stainless Espresso

23 May 2024 – Profit-taking has led to slight to moderate price corrections in raw materials such as copper, nickel and aluminum. Overall, however, base metals remain at a significantly higher level. And China imported 38% more stainless steel in the first five months of 2024 than last year, which points to a further increase in demand. Source