EUROPE STAINLESS STEEL: Mills target grade-304 sheet price rises on reduced import competition

摘要

European stainless steel mills were pushing for increases to the priceof grade-304 cold-rolled (CR) sheet and were likely to be successfulbecause of reduced competition from imported tonnages out ofAsia, sources told Fastmarkets on Friday April 5.Mills were seeking price increases beyond those which weredictated by the higher monthly alloy surcharges for April.Grade-304 CR sheet surcharges for April increased by €79 pertonne from the value in March, but one distributor reported thatoffers from mills had increased this week by €110-140 ($124-157) pertonne, with other sources confirming similar rises.