EUROPE STAINLESS STEEL: Prices pressured by persistent poor demand

October 12, 2019 / www.metalbulletin.com / Article Link

The price of stainless steel cold-rolled sheet in Europe was lower this week because of sustained pressure from poor demand, Fastmarkets heard on Friday October 11.

Fastmarkets' price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivered North Europe, was ?,?2,350-2,400 ($2,587-2,642) per tonne on Friday, down by ?,?40-50 per tonne week on week.Many market participants had expected prices to be...

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