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Stainless consumption healthy in '17: Moll

American Metal Market  March 28, 2017

U.S. stainless steel consumption is expected to be healthy in 2017 thanks to strong demand growth in key sectors that will offset the prolonged weakness from the oil and gas and power generation industries, analyst Markus A. Moll said.

Moll specifically cited the consumer goods, food service, chemical and petrochemical, and automotive markets as drivers of demand growth last week at the Metals Service Center Institute’s Specialty Metals Conference in Orlando, Fla.