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Price gap set to grow between EU and Asian stainless, Moll predicts

April 22, 2010 - 14:15 GMT Location: London

KEYWORDS: Asia , EU , Moll , stainless , steel

The gap between European and Asian stainless steel prices will widen again when European mills anounce new price rises, Steel and Metals Markets Research (SMR) md Markus Moll told MB.

“EU steel mills had very good demand in March and are to put base prices up," he said. "Prices in the EU may rise by over €500/tonne between now and June, while China will not raise...

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