EUROPE STAINLESS STEEL: Price surge continues on raw materials costs, long lead times

The price of flat-rolled stainless steel in Europe continued to surge higher in the week to Friday February 12 on high raw materials costs and long delivery times, market sources told Fastmarkets.

Fastmarkets’ weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe, was €2,600-2,650 ($3,153-3,214) per tonne on Friday, up by €100 per tonne week on week from €2,500-2,650 per tonne....

Published

Ross Yeo

February 12, 2021

18:10 GMT

London