18
May
01:00
SS coil and tube prices slide, European mills to announce increases for June
Western European base prices of stainless hot and cold rolled coils have slid €50/tonne in May but are expected to gain €10-€20/t in the second half of June and beginning of July, industry sources tell Kallanish.
Stainless HRC on the spot market is currently sold at €2,000/t ($2,282) ex-works, while CRC is at €2,200/t on the same basis. 2mm cold sheets are sold from Italian distributors at €2,450/t ex-works, or deliver…
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Anonymous
Very good overview of the weekly steel market.
Anonymous