EUROPE STAINLESS STEEL: Prices sharply down on persistently weak demand

The prices of stainless steel flat products in Europe decreased this week because of persistently weak demand, sources told Fastmarkets on Friday November 1.

Fastmarkets’ price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivered North Europe, was €2,200-2,250 ($2,454-2,510) per tonne on November 1, down by €100 per tonne week on week. “It’s [a result of] weak...

Published

Ross Yeo

November 01, 2019

17:22 GMT

London