EUROPE STAINLESS STEEL: Prices inch down under pressure from limited trading

October 19, 2019 / www.metalbulletin.com / Article Link

The price of stainless steel cold-rolled sheet in Europe has decreased over the past week under pressure from slow trading, Fastmarkets heard on Friday October 18.

Fastmarkets' price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivered North Europe, was ?,?2,300-2,350 ($2,554-2,609) per tonne on October 18, down by ?,?50 per tonne week on week from ?,?2,350-2,400 per tonne delivered.The assessment was based on transaction prices heard in the market.One source also claimed that deals...

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