Metal Bulletin’s weekly price assessment for grade-304 bright bar widened upward by €5 per tonne week-on-week to €950-975 ($1,130-1,159) per tonne delivered on Friday, compared with €950-970 per tonne delivered on September 8.
“We have enquired at several mills this week and they all said that prices will soon go up sharply – they want [base price] increases of €80-100 per tonne...