EUROPE STAINLESS STEEL: Prices pressured by persistent poor demand

The price of stainless steel cold-rolled sheet in Europe was lower this week because of sustained pressure from poor demand, Fastmarkets heard on Friday October 11.

Fastmarkets’ price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivered North Europe, was €2,350-2,400 ($2,587-2,642) per tonne on Friday, down by €40-50 per tonne week on week. Many market participants had expected prices to be...

Published

Ross Yeo

October 11, 2019

18:57 GMT

London