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31 August 2018
In both Europe and the USA, alloy surcharges on grade 304 material are set to drop by some 4% from August levels, while surcharges on grade 316 material are down by just 1%.
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31 August 2018
As comparatively low priced as the Asian spot market is, the tonnage traded so far this year has been increasing strongly on a year-on-year basis, which suggests that demand is increasing in the region.
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31 August 2018
The Turkish lira has weakened by some 25% against the US dollar since mid-July (it had weakened by as much as 40% before recovering somewhat in the past week or so).
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31 August 2018
Downloadable Excel files with MBR's prices and other stainless steel statistics for the month of August 2018
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31 August 2018
A look back at our previous forecasts.
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31 August 2018
Taking a look at base prices, these remain around effective levels of some €1,025/tonne for grade 304 cold-rolled sheet; €1,325/tonne for grade 316 cold-rolled sheet; and at €1,040 for grade 304 cold-rolled bar.
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31 August 2018
LME stocks stand at 240,666 tonnes as of the exchange’s report on August 29.
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31 August 2018
In both Europe and the USA, scrap prices are down this month although the discount offered on the equivalent primary raw materials has remained the same.
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31 August 2018
The near-term outlook is not particularly bright either with prices in Europe and the USA looking very likely to fall again with the beginning of Q4 in October.
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31 August 2018
Surcharges for ferritic stainless grades, which don’t contain nickel, are also down in September due to a 2.4% month on month decline in iron prices.