20
Dec
11:57
European stainless tube prices continue to fall
Stainless steel tube prices are lowering significantly in Europe due to lower alloy surcharges, low demand and a destocking process at distributors. This has been continuing throughout the entire fourth quarter and is taking its toll on stainless re-rollers as a consequence.
Prices have lost €300/tonne ($344.1/t) on average since the beginning of October. They are continuing to lose around €50/t each week for&nbs…
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Anonymous
Very good overview of the weekly steel market.
Anonymous