The base price assessment in Europe for 2mm, grade-304 cold-rolled (CR) stainless steel sheet has widened upward by ?,?10 per tonne over the past week, despite poor demand and continued import pressure, sources told Metal Bulletin on Friday February 23.
Metal Bulletin's weekly base price assessment on Friday for 2mm, grade-304 CR stainless steel sheet was ?,?1,060-1,110 ($1,304-1,365) per tonne delivered in Northern Europe, marginally up from ?,?1,060-1,100 per tonne delivered on February 16."While EU mill lead times are out to April for flat products, we have seen import pressure on prices because substantial quantities are...