The base price assessments for both flat and long stainless steel products in Europe have remained unchanged over the past week amid low market activity and volatility in the nickel price, sources told Metal Bulletin on Friday April 20.
Metal Bulletin's weekly base price assessment for 2mm, grade-304 cold-rolled (CR) stainless steel sheet was stable week-on-week at ?,?1,050-1,100 ($1,298-1,360) per tonne delivered in Northern Europe on Friday."Some mills and service centers may be looking to raise base prices because they're sending out offers with an option [period] of just two days, when normally you are given a week to consider whether to accept," one...