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EU stainless steel sheet mills continue to push for price increases

April 11, 2014 - 22:01 GMT Location: London

KEYWORDS: Europe stainless steel sheet price

Domestic European stainless steel grade 304 and 316 sheet and bar producers have continued to push for further base price increases, market sources told Metal Bulletin sister publication Steel First on Friday April 11.

"Mills have announced that they will push for another €50 ($69) per tonne on top of current prices. Whether that will be realised is a different story, of course," one source in Northern Europe said. For now, base prices for 2mm 304 cold-rolled (CR) stainless sheet have remained at last week’s €1,100-1,120 ($1,525-1,553) per tonne delivered for June and July...

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