EUROPE STAINLESS STEEL: Prices stable as buyers resist mills' attempted increases

Transaction prices for grade-304 stainless steel cold-rolled (CR) sheet in Europe remained static in the week ended Friday April 12 despite some mills continuing to offer material at inflated levels.

Offer prices for grade-304 CR sheets were heard as high as €2,350 ($2,648) per tonne delivered during the week, the same level as in the previous week.

Despite these offers, Fastmarkets’ price assessment for grade-304 CR sheets was €2,210-2,250 per tonne on Friday. This reflected the range in which distributors...

Published

Ross Yeo

April 12, 2019

18:57 GMT

London