EUROPE STAINLESS STEEL: Prices inch down under pressure from limited trading

The price of stainless steel cold-rolled sheet in Europe has decreased over the past week under pressure from slow trading, Fastmarkets heard on Friday October 18.

Fastmarkets’ price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivered North Europe, was €2,300-2,350 ($2,554-2,609) per tonne on October 18, down by €50 per tonne week on week from €2,350-2,400 per tonne delivered. The assessment was based on transaction prices heard in the market. One source also claimed that deals...

Published

Maria Tanatar

October 18, 2019

15:42 GMT

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