Prices for long and flat stainless steel products in Europe were stable this week, with market participants reluctant to accept higher offers, sources told Fastmarkets on Friday March 15.
Fastmarkets price assessment for grade-304 cold-rolled (CR) sheets, delivered to Northern Europe, was unchanged week on week at ?,?2,100-2,150 per tonne on March 15.Offers were heard at ?,?2,200 per tonne, but no transactions were completed at the price."An offer of ?,?2,200 [per tonne] is on the table, still rejected," a distributor said. "I am not paying that, I refuse to accept it. Not so long ago I paid ?,?2,000 [per tonne], it's ridiculous to increase prices ?,?200 [per tonne] if we expect the surcharge to rise ?,?90 [per tonne]. It's taking...