Stainless steel prices in the United States continued to fall this month on the back of declining surcharges, according to market participants.
American Metal Market's assessment of Type 304 and Type 304L stainless steel cold-rolled sheet fell by 2.5 cents to $1.38 per pound and $1.40 per lb respectively on Monday September 10, and Type 316L stainless cold-rolled sheet slipped by 1 cent to $1.855 per lb.Type 303 stainless steel bar fell by 3.5 cents to $1.565 per lb and Type 304 stainless steel bar declined 3.5 cents to $1.62 per lb, according to American Metal Market's September 10 assessment. Type 316 stainless steel bar fell by...