EUROPE STAINLESS STEEL: Prices unchanged in very subdued market

By Ross Yeo / August 03, 2018 / www.metalbulletin.com / Article Link

Base prices for stainless steel flat and long products in Europe were stable on Friday August 3 in extremely quest trading conditions that are typical of the slower summer months.

Metal Bulletin's weekly domestic base price assessment for 2mm, grade-304 cold-rolled (CR) stainless steel sheet in Northern Europe was unchanged at ?,?1,000-1,050 ($1,162-1,220) per tonne delivered while the weekly assessment for grade-316 CR stainless steel bases prices in Europe held at ?,?1,300-1,350 per tonne.The weekly price assessment for European grade-304 bright bar was also unchanged at ?,?1,000-1,080 per tonne delivered.Many mills are carrying out maintenance work in the first half of August while...

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