30
Apr
12:13
European stainless coil seen increasing again, demand high
Stainless steel coil prices in Europe are seen increasing again, possibly by a further €100/tonne ($120), in the coming weeks. This is on account of extremely tight supply and spiking nickel prices that should push up alloy surcharges in May, market participants tell Kallanish.
The news of the cancellation of Chinese tax rebates has caused an “earthquake” in the global market for stainless steel coil, sources say. Other Asian countries together wi…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous