Stainless cold-rolled sheet prices in US said set to rise after flat March

Stainless cold-rolled sheet prices in the United States are broadly expected to move higher next month after holding steady in mid-March, according to market sources.

American Metal Market’s assessment of Type 304 cold-rolled sheet was flat at $1.30 per lb on Monday March 26. Type 304L and Type 316L stainless cold-rolled sheet were also unchanged at $1.32 per lb and $1.74 per lb respectively. Earlier this month, buyer sources agreed that base price increases implemented by major stainless mills at the start of the month were accepted by the market. Those same levels have...

Published

Millicent Dent

March 27, 2018

22:55 GMT

New York