STAINLESS STEEL PRICES UNSETTLED DUE TO VOLATILE INPUT COSTS

摘要

The steady rise in austenitic stainless steel transaction prices in Europe over the past five months has been arrested - mainly due to a reduction in alloy surcharges in October. Basis values in most EU countries are unchanged this month. There were small increases in France and the UK - the latter significantly affected by a weakening of the pound against the euro. We have reports of lower selling figures in Italy, where imported coils from the Far East are said to be available at effective prices 300 euros per tonne below the prevailing local figures.