EUROPE STAINLESS STEEL: Prices stable as buyers resist mills' attempted increases

April 13, 2019 / www.metalbulletin.com / Article Link

Transaction prices for grade-304 stainless steel cold-rolled (CR) sheet in Europe remained static in the week ended Friday April 12 despite some mills continuing to offer material at inflated levels.

Offer prices for grade-304 CR sheets were heard as high as ?,?2,350 ($2,648) per tonne delivered during the week, the same level as in the previous week.Despite these offers, Fastmarkets' price assessment for grade-304 CR sheets was ?,?2,210-2,250 per tonne on Friday. This reflected the range in which distributors and traders were...

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