Europe stainless steel prices drop on weakening demand, competitive Asian imports

The price of cold-rolled flat stainless steel in Europe has decreased this week because of lower prices for imported Asian material and weakening domestic demand, sources told Fastmarkets on Friday May 13.

Fastmarkets’ weekly assessment of the stainless steel cold-rolled sheet, 2mm, grade 304, base price domestic, delivered Northern Europe, was €1,500-1,600 ($1,565-1,670) per tonne on Friday, down by €200 per tonne...

Published

Ross Yeo

May 13, 2022

18:00 GMT

London