22
Jun
12:20
European stainless coil prices decline
The European stainless flat steel market is now stagnating, with absent apparent demand and weak real demand in all European regions. Coil prices are losing over €1,000/tonne ($1,052/t) on average compared to last month, as EU producers have very few orders and always for low tonnages, Kallanish hears from market sources.
Stocks are said to be high throughout Europe. Both service centres and end-users are unable to clear the high quantities purchased in the f…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous