EU stainless base prices ‘could rise’ by ?20-50 per tonne in Q4, Acerinox says

摘要

A stainless steel base price increase in Europe of ?20-50 ($23-58) pertonne is “achievable” in the fourth quarter of 2017, according toSpanish stainless producer Acerinox.“We see a positive trend for the fourth quarter. The market ishealthy, and the alloy surcharge has increased [for October andNovember],” Acerinox financial director Miguel Torres said during aconference call on Monday October 30.“We are not going to see the price rocket upwards, but we feelconfident.”