EU stainless steel base prices steady, price rises expected

European stainless steel base prices remained unchanged on Friday March 24, as demand stayed low, but prices are expected to rise following monthly negotiations for April, sources told Metal Bulletin.

Metal Bulletin’s weekly base price assessment for 2mm, grade-304 cold rolled (CR) stainless sheet was €1,130-1,165 ($1,219-1,257) per tonne delivered in Northern Europe on Friday.
"We expect base prices to rise by around €10 [$11] per tonne next week," a distributor in the Benelux region said.

"We're trying to get as much material as...

Published

Viral Shah

March 24, 2017

16:59 GMT

London