19
Oct
11:50
European stainless tube prices take another hit
Stainless steel tube prices are sliding in Europe due to lower alloy surcharges, low demand and a destocking process at distributors. Prices have lost €200/tonne ($229.2/t) since the beginning of August, a large re-roller tells Kallanish.
“If raw materials such as nickel and chromium keep falling then tube prices may also fall further although we must be close to rock bottom. In October and November there will be losses for all stainles…
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Anonymous
Very good overview of the weekly steel market.
Anonymous