Metal Bulletin’s weekly base price assessment for 2mm, grade-304 cold-rolled (CR) stainless steel sheet was €1,050-1,110 ($1,287-1,360) per tonne delivered in Northern Europe on Friday, compared with €1,050-1,130 per tonne delivered on March 29.
“Everyone is well stocked, including the mills, so buyers can wait before they need to buy,” one distributor in the Benelux region said. “There is also a lot of imported material around.”
The wide price gap between European domestic...
