23
Apr
01:00
Stainless steel tube prices set to fall in Western Europe
Base prices of stainless steel tubes are expected to fall by €20-30/tonne ($21.5-32.3/t) in Italy and France, industry sources tell Kallanish.
Alloy surcharges on stainless steel are also falling €50/t due to low nickel prices. Stainless flat products meanwhile are seeing increasing base prices thanks to a better demand. Tubes however are suffering from a very low demand mainly due to a process of destocking at European distributors that has been g…
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Anonymous
Very good overview of the weekly steel market.
Anonymous