##{"id":51735,"date":"2006-06-08T09:45:24","date_gmt":"2006-06-07T23:45:24","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2006\/06\/08\/nickel-costs-to-push-stainless-steel-prices-higher\/"},"modified":"2006-06-08T09:45:24","modified_gmt":"2006-06-07T23:45:24","slug":"nickel-costs-to-push-stainless-steel-prices-higher","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2006\/06\/08\/nickel-costs-to-push-stainless-steel-prices-higher\/","title":{"rendered":"Nickel Costs To Push Stainless Steel Prices Higher"},"content":{"rendered":"<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">Ever higher nickel costs are expected to continue and the industry consultants at MEPS are of the view that this will lead to increased stainless steel prices for at least the coming few months. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">On MEPS&#8217; calculations prices could rise by as much as 19% over the next four months. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">However, over the medium term MEPS is less convinced the market will be able to continue at current levels. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">This is because production is starting to rise to meet current orders and as Q3 develops the experts\u00a0expect mill volumes to fall and nickel demand to drop. <\/font><\/p>\n<p \/>\n<p class=\"MsoNormal\"><font face=\"Calibri\"><\/font><\/p>\n<p class=\"MsoNormal\"><font face=\"Calibri\">As such, stainless steel prices are expected to fall later this year and early next year, however, this assumes a fall in nickel prices, which is by no means a certainty. <\/font><\/p>\n<p \/>\n<p>By Terry Hughes<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stainless steel prices could rise by as much as 19% over the coming four months, MEPS says, pushed higher by nickel.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51735"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=51735"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51735\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=51735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=51735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=51735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}