EUROPE STAINLESS STEEL: Prices inch down, competition hots up on limited demand

Stainless steel prices in Europe fell in the week to Friday December 14, with slow trading increasing the competition between distributors, sources told Fastmarkets.

“Distributors still have high stocks, and destocking did not go as fast as planned for the majority of the buyers, so competition has been rather strong,” a trader said. From the end of next week until the first week...

Published

Maria Tanatar

December 14, 2018

17:03 GMT

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