Primary stainless prices cede more ground
Jun 10, 2013 | 01:41 PM
| Daniel Fitzgerald
NEW YORK Primary stainless steel prices have eased further in recent weeks on the back of lower surcharges, with market participants reporting shorter lead times moving into the summer.
Free-market prices for Type 304 cold-rolled sheet are $1.21 per pound f.o.b. mill, down from $1.27 a month ago; Type 316L cold-rolled sheet is $1.73 per pound, down from $1.79 previously; Type 304 coiled plate prices have dropped to $1.19 per pound from $1.24; and Type 316 coiled plate has....
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