EU stainless flat base prices soften to attract January orders

European base prices for grade-304 and grade-316 cold rolled (CR) sheet fell by €20-30 ($25-37) per tonne on the higher end of the range, sources told Steel First on Thursday November 27.

Poor consumption of December deliveries and a desire to fill January order books were cited as the reasons for the slight drop in prices.
The base price for 2mm grade-304 stainless CR sheet fell to €1,100-1,130 ($1,373-1,411) per tonne delivered in January, from €1,100-1,150 ($1,373-1,436) per tonne delivered last week.

The range of European base prices...


Nina Nasman

November 28, 2014

13:30 GMT