Europe flat stainless steel prices approach floor amid reduced supply

Prices of stainless steel flat products in Europe are showing signs of approaching a floor, largely due to reduced supply, industry sources told Fastmarkets on Friday July 7.

Stainless steel mills in Europe are understood to have been operating at significantly reduced rates during the second quarter because of poor demand and low prices.

Fastmarkets’ monthly assessment of...


Zdravko Cherkezov

July 07, 2023

16:50 GMT