The price of flat stainless steel produced in Europe continued to rise this week, while supply failed to keep pace with demand, sources told Fastmarkets on Friday, Feb. 5.

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European stainless steel: long delivery times support price rise

Fastmarkets’ weekly price assessment for cold-rolled 304-grade stainless steel plate, transaction inland, delivered to Northern Europe, was €2,500-2,550 ($2,998-3,058) per ton on Friday.

Source: metalbulletin.com

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