EUROPE STAINLESS STEEL: Prices unchanged but market braced for slowdown

The price of stainless steel in the European domestic market was unchanged this week but the market was bracing itself for a substantial slowdown arising from the consequences of the 2019-nCoV coronavirus pandemic, Fastmarkets heard on Friday March 20.

Distributors in Northern Europe reported that demand was largely steady, with customers taking their regular tonnages.
“March is looking like it will be pretty good, actually, in terms of volume,” one distributor said.

Some mills have closed because of the...

Published

Ross Yeo

March 23, 2020

17:43 GMT

London