The base price assessment in Europe for 2mm, grade-304 cold-rolled (CR) stainless steel sheet has narrowed downward by ?,?20 per tonne over the past week, sources told Metal Bulletin on Friday February 16.
Metal Bulletin's weekly base price assessment on Friday for 2mm, grade-304 CR stainless steel sheet was ?,?1,060-1,100 ($1,323-1,373) per tonne delivered in Northern Europe, down from ?,?1,060-1,120 per tonne delivered on February 9."The market seems quite sleepy right now and it looks like prices are dropping," a distributor in the Nordic region said."Customers looking to close deals on a fixed price [base price + daily alloy surcharge] are currently waiting...