EUROPE STAINLESS STEEL: Prices move higher despite recent nickel cost plunge

March 20, 2021 / www.metalbulletin.com / Article Link

The cost of flat-rolled stainless steel in Europe rose during the week to Friday March 19 on supply constraints and firm demand, despite the substantial decrease in the price of nickel three weeks ago, sources told Fastmarkets.

Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe was ?,?2,800-2,850 ($3,343-3,403) per tonne on Friday, up by ?,?50-80 per tonne week on week from ?,?2,720-2,800 per tonne.

The...

Recent News

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok