EUROPEAN STAINLESS STEEL: Price rise resumes on tight supply, further gains likely

August 07, 2021 / www.metalbulletin.com / Article Link

The price of flat-rolled stainless steel in the European domestic market increased further this week amid continuing tight supply, Fastmarkets heard on Friday August 6.

Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe, was ?,?3,900-3,950 ($4,616-4,676) per tonne on Friday, up by ?,?50 per tonne week on week from ?,?3,850-3,900 per tonne.

The price increase came despite the market being subdued for...

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