According to market sources, demand in the European
stainless steel market is at medium levels, while transactions are expected to increase after Christmas and the New Year holidays.
Average price levels for prime quality ready stock 304/2B
stainless steel CRC of 2.0 mm thickness in the EU market is in the range of $2,500-2,550/mt CIF, though prices of the same
stainless steel products in eastern
Europe are reported to be at $2,700-2,750/mt CIF, down $100/mt month on month, both for shipments in December.
On the other hand, Chinese
stainless steel offers for prime quality ready stock 304/2B
stainless steel CRC of 2.0 mm thickness to EU are currently at $2,350-2,450/mt CIF, for shipments in December.