European flat and long stainless steel base prices were unchanged this week but could come under pressure in the coming weeks as a result of significantly higher alloy surcharges for June deliveries, sources told Metal Bulletin on Friday June 1.
Metal Bulletin's weekly base price assessment for 2mm, grade-304 cold-rolled (CR) stainless steel sheet in Northern Europe was ?,?1,015-1,050 ($1,186-1,226) per tonne delivered on Friday.The June alloy surcharge for 2mm grade-304 CR stainless steel sheet - based on data published by Outokumpu, Acerinox and Aperam - is ?,?1,503-1,535 per tonne. This is up sharply month-on-month from May's surcharge...