EUROPE STAINLESS STEEL: Flat product prices resume upward trajectory on constrained supplies

The price of flat-rolled stainless steel in Europe resumed its upward trend this week amid a continuing supply shortage, sources told Fastmarkets on Friday June 25.

Fastmarkets’ weekly price assessment for stainless steel cold-rolled sheet 2mm grade 304 transaction domestic, delivered North Europe was €3,450-3,500 ($4,116-4,176) per tonne on Friday, up €100 from €3,350-3,400 per tonne a week earlier.

This follows a €200-per-tonne week-on-week increase two...

Published

Ross Yeo

June 25, 2021

17:21 GMT

London