Base prices for flat stainless steel products in Europe fall by ?,?30 per tonne over the week ended Friday September 14, amid a stock sell-off ahead of an expected fall in the alloy surcharge for October deliveries.
Metal Bulletin's weekly domestic base price assessment for 2mm, grade-304 cold-rolled (CR) stainless steel sheet in Northern Europe was ?,?970-1,020 ($1,130-1,189) per tonne delivered on Friday, down from ?,?1,000-1,050 per tonne on September 7.At the same time, the weekly price assessment for grade-316 CR stainless steel bases prices in Europe fell by ?,?30 per tonne to ?,?1,270-1,320 per tonne...