22
Jul
13:50
European stainless flats market slows
Transaction prices for European stainless flat steel have remained unchanged on-month. However, deal values may decline as mills recently reduced their offer prices for October delivery by approximately €50/tonne ($54), Kallanish notes.
After a period of robust sales and rising prices for coil, tube, and sheet, the market is now experiencing a slowdown. This can be attributed to the return of Acerinox, whose production was impacted by strikes for months.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous