25
Apr
12:03
European stainless coil hikes again, pricing formula questioned
European stainless steel hot and cold rolled coil prices are increasing due to hiking alloy surcharges. Contract prices remain firm amid continued short supply, Kallanish hears from market sources.
Demand in Europe, however, has reached a standoff due to unsustainably high alloy surcharges that still continue to increase. Sources say mills are now quoting for July delivery but it is proving difficult to fill order books based on the usual price calculation of base…
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Anonymous
Very good overview of the weekly steel market.
Anonymous