14
Dec
09:50
European stainless tube prices fall again
Stainless steel tube prices are decreasing in Europe by €50/tonne ($59/t) compared to November. Tubes prices have been on steady a downward trend in the fourth quarter of 2017.
This is due to a process of destocking at distributors combined with a certain amount of market uncertainty, particularly related to see-sawing nickel prices. Furthermore, buyers have refused to purchase with December alloy surcharges being considered as high and are asking re-roller…
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Anonymous
Very good overview of the weekly steel market.
Anonymous