22
Sep
09:00
European fourth-quarter stainless tube prices seen stable
Stainless tube prices are stable in Europe and not seen increasing in the fourth quarter. The average €150/tonne ($175) increase implemented this summer by re-rollers, however, has been successfully passed on downstream.
Producers have detected a substantial increase in orders since the resumption of activity after the summer holiday break, Kallanish learns from distributors and re-rollers.
Sales for September delivery were implemented at the prev…
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Anonymous
Very good overview of the weekly steel market.
Anonymous