European stainless steel prices stable for now, but tightness could drive further gains

The price of stainless steel in the European domestic market remained unchanged this week, but ongoing tightness could see prices move up before the end of the year, sources told Fastmarkets on Friday November 19.

Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet 2mm grade 304 base price domestic, delivered Northern Europe was unchanged week on week at €1,850-1,900 ($2,099-2,155) per tonne.

Similarly, Fastmarkets weekly assessment for stainless steel cold-rolled sheet 2mm grade 304 transaction domestic, delivered North Europe was also...

Published

Ross Yeo

November 19, 2021

17:15 GMT

London