EUROPE STAINLESS STEEL: Low demand stalls higher October surcharges

The price of stainless steel sheet in Europe was unchanged this week because low demand had prevented mills from implementing higher monthly alloy surcharges for October, sources told Fastmarkets on Friday October 4.

Although not all major mills have yet announced their October surcharges, others have done so, with increases of €150-170 ($164-186) per tonne from September levels, with respect to grade-304 flat products.

These increases were driven by high nickel prices during August...


Ross Yeo

October 04, 2019

18:26 GMT