18
Feb
12:50
European stainless coils may increase, June negotiations start
European stainless steel hot and cold rolled coil prices continue to be elevated this month and are forecast to remain strong until June, Kallanish hears from market sources.
European stainless CRC levels start from €4,200/tonne ($4,521) and can go up to over €4,400/t delivered depending on the month of delivery. All mills are quoting end-April and May lead times. Mills and large buyers are now beginning to discuss values for June delivery. Supply shorta…
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Anonymous
Very good overview of the weekly steel market.
Anonymous