US stainless flat steel market steady as base prices hold

US stainless cold-rolled sheet prices remained steady in mid-April as recent base price hikes appeared to hold, although signs of erosion could be on the horizon, according to market participants.

“The base price is still sticking,” a Midwest distributor said. “I don’t see anything that would indicate otherwise.”  A second Midwest distributor confirmed that the April 1 base price hike was in place. “There’s not much material out there. I hear the mills are having trouble getting...

Published

Grace Lavigne Asenov

April 26, 2017

21:30 GMT