Stainless steel flat-rolled demand still patchy
Apr 05, 2013 | 01:20 PM
| Daniel Fitzgerald
NEW YORK Coiled stainless steel plate and cold-rolled stainless steel sheet prices have declined as market participants continue to lament lackluster end-user demand.
Average prices for Type 304 coiled plate are now $1.27 per pound f.o.b. mill, down from $1.30 a month ago, while Type 316 coiled plate is trading at around $1.80 per pound, down from $1.83 previously.
Meanwhile, prices for Type 304 cold-rolled sheet have slipped to around $1.30 per pound, down from $1.36 last month, while Type 316L is trading around $1.82 per pound, down from $1.88 at the same time in March.....
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