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European mills seek more than $65 hike on 304 stainless sheet

February 10, 2012 - 14:01 GMT Location: London

KEYWORDS: Europe , stainless steel , flat , alloy surcharge , domestic , prices

European mills are seeking increases on their domestic base prices for stainless sheet, citing higher demand in the market and less import offers from China, market participants told Metal Bulletin on Friday February 10.

Producers in Europe are now offering €1,200-1,240 ($1,593-1,653) per tonne delivered for grade 304, 2mm cold rolled stainless sheet for April production, according to traders. The latest offers are €50 per tonne higher than the €1,150-1,190...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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