Sponsored by
Grab new opportunities, steel group urged
British Stainless Steel Association chairman Mark Perrins has urged association members to take advantage of new opportunities that are opening up in the power generation and construction fields.
"We have to realise that marketing and market development are more critical than ever," he said.
"That is why the role of the BSSA is becoming more important in efforts to increase stainless steel consumption."
Mr Perrins, managing director of Sheffield-based Outokumpu Stainless Distribution, made his call at the Association's annual lunch in Sheffield, after members had heard, with some scepticism, an upbeat view of potential prospects for the sector from metals industry analyst Dr Gehard Pariser.
Dr Pariser suggested stainless steel production could be back to normal by 2010 as the market rebounded from the "huge amount of de-stocking" that had taken place because of the credit crunch. Demand for stainless steel in China had not reached saturation point and the metal was becoming more affordable.
The recovery wasn't yet sustainable, but there could be a turnaround in the second quarter of the year, with production picking up in the third or fourth quarter.
Buy The Star - Monday to Saturday - for local news, sport, features and ads. To subscribe CLICK HERE
READ MORE
Main news index
Your letters
Features
South Yorkshire's environmental news
Kids Zone
More business news
More Rotherham news
More Doncaster news
More Barnsley news
Latest sport
Email to a friend
Print this page
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Sheffield
Friday 10 February 2012
Today
Fog
Temperature: -6 C to 0 C
Wind Speed: 14 mph
Wind direction: South east
Tomorrow
Sunny spells
Temperature: -2 C to -1 C
Wind Speed: 9 mph
Wind direction: South west
