EUROPE STAINLESS STEEL: Prices decrease on lower nickel values, weaker demand

The price of stainless steel flat products in the European domestic market decreased this week because of lower nickel costs and poor demand, sources told Fastmarkets on Friday February 14.

Fastmarkets' weekly price assessment of stainless steel cold-rolled sheet, 2mm, grade 304 transaction domestic, delivered North Europe was €2,000-2,050 ($2,172-2,226) per tonne on Friday, down by €50 per tonne from a week earlier.

Nickel prices decreased during the second...

Published

Ross Yeo

February 14, 2020

17:42 GMT

London