EUROPE STAINLESS STEEL: EU steelmakers target price rise on higher nickel

European steelmakers have increased their offer prices of stainless-steel flat products due to higher nickel costs, sources told Fastmarkets on Friday August 2.

The price of nickel, 3 months, London Metal Exchange Daily Official, was $14,520-14,525 per tonne on August 2, up from $14,100-14,125 per tonne on July 26. As a result, European steelmakers have increased the August alloy surcharges for grade-304 stainless cold-rolled sheet. Three European...


Maria Tanatar

August 02, 2019

18:42 GMT