16
Feb
12:26
European stainless coil rises further on short supply
Stainless steel values in Europe are increasing again this month as the price rally continues since September 2020. The critical shortage of coil and its derivatives is forecast to persist until the second quarter as mills’ lead times in Europe keep lengthening, market participants tell Kallanish.
Only one European mill is selling for June delivery, while others are on July and August. One mill in Italy is not quoting and is experiencing delivery delays. Whi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous