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22 Jul
13:06

Shortage, minimal imports lift European stainless coil prices

European stainless steel cold and hot rolled coil, sheet and tube prices are increasing again this month due to persistent shortages, market participants tell Kallanish. European mills are quoting CRC for January and February 2022 delivery at €3,300-3,550/tonne ($3,890-4,185) delivered, depending on material quality and volumes. HRC is offered at €3,100-3,300/t delivered. Buyers are not negotiating prices, instead focusing negotiations on delivery. The h…
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